Is anyone sort of thinking that Bank Simple is sort of like Diaspora in some essence? They certainly have a presence and are vocal about their plans, but seeing any actual product from them seems to get pushed out further and further?

I was one of the first to request an invite. I needed/wanted to switch banks. It has been a really long time and nothing with Bank Simple saying "coming soon".

I think these delays are narrowing their potential customer base. People dont wait forever to switch banks because one bank is saying they will be better. They switch immediately because usually it is urgent, feed up, etc. They dont tend to switch on a whim, IMO. They decide that their bank is good enough and avoid the headache of switching institutions, changing direct deposit, auto payments, etc.

Reading these periodic blog posts seems a way to keep up hype in the absence of really letting people see the product and be eager to switch.