You see a business destined to fail, I see a line of incompetent exchanges playing Russian roulette. One of them died and the rest got lucky.

Bitstamp, Bitfinex, Cryptsy, more I've forgotten, were the competitors really more reliable?

I've been in a position to see some absolutely insane stuff happen on exchanges [most of it gets quietly buried), and I really don't think MtGox was anything remarkably different.