Zen,....my take. Zeev is just being Zeev, he's not bashing, shorting. He openly admits he's taking a trader's perspective, and we can all read his posts with that. I thinks that's just fine.
One thing we all have to admit is that we are speculators more than investors. Speculators have bigger dreams and take on bigger risks. Investors are more methodical. Speculators look at the world and predict change. Investors look to history and find trends/patterns/or formulas that work.
When it comes to Wave, I am a speculator. When it comes to my 401K, rental property, etc, I am an investor.
Its so easy for some to see the risks with Wave, and point out the negatives. It take lots more thought to see "the world".
-P