I am inclined to trust a Penny Arcade editorial on video game-related subjects. "Observe & comment on video game culture/industry" is basically their entire business model.

Getting page hits is their business model.

So? Fear, uncertainty and doubt can also be seen as being careful. Yes, they are spoiling everyone's fun by pointing out how everything would fail, but would you really prefer if nobody questioned the wonderful silver-bullet business models?

It's even quite benign for FUD — they're not saying "this is a load of crock," only "this is not magic".

So, you're saying that we should just give up and trust big publishers who know best?? Kickstarter is inherently risky and pointing it out with a big hoopla is kinda silly. It's as "buyer beware" as it gets. Out of all successfully funded projects that I backed on kickstarter - most came through... Only very few didn't.