The first part of your post was very informative, but I downvoted you for the snark. If it wasn't intended the way I read it, please accept my apologies.
I have essentially poured my entire heart and soul into launching and running MassChallenge and I believe deeply in our mission and philosophy, so I took a little umbrage to the phrase "these people" -- they are, after all, my people and they are enabling something deeply important to me and many others.
I do believe that what we do is transformative and outstanding. But I also recognize that it isn't for everyone. Even if you don't end up entering, I encourage you all to come visit us at least once this Summer. I am sure you will find value in the experience and I promise to personally give you a tour and answer any questions you may have.
I'm ignorant to much of it, so I'm glad to see the discussion here where I can learn more. The website really is quite hard to follow for those just wanting to learn more.
What makes you think you can't learn from these people?
Last year's finalists raised well over $30M in outside funding in the 7 months following day 1 of the accelerator program ... with 100+ startups on one floor, there is a lot of opportunity to learn (and teach).