Good point, but there are flavors of fail. There is the 'you reached to high and fell off the ladder' flavors which are generally seen as a good thing, and then there is the 'selling bungee harnesses to teenagers' flavor where people say "What exactly were you thinking would happen?"

I tried to help Ed Patterman build a Golf magazine on the web in '95 it failed because it was too early. Sony tried to create an e-reader where they charged money to put out of copyright works in PDF on to it for you to read. It failed because it was a stupid idea.