Agreed, however, I think everyone could see instantly that seesmic was a dud. As most can see that the Crunchpad is a dud. IMHO the idea of the Crunchpad is something that has already been tried many many times before, with the net result that there simply isn't a large market for such devices.

I think the point is that for every wildly successful company out there, there was surely an early group of naysayers who could see instantly that it was a dud.

Arrington might fail here, but you have to give the guy a lot of credit for how he has moved forward on this thing.

Yup. Credit for moving forward with a bad idea that is sure to fail.

Wake up. It's half a laptop. - no keyboard, no protection for the screen - no way to stand the screen up so you can view it - etc etc etc

It's about the same price as a netbook :/

I don't think this is that clearly a dud. If it comes in at a decent price point and has a convenient charging stand I could easily see one in my living room.

I think it's more likely that the market wasn't ready for such a thing.

Like netbooks, which were not possible at a price point that made them attractive to consumers until a year and a half ago, when they suddenly emerged as a market category.

But hey, the great thing about being an entrepreneur is that you are responsible for estimating the market conditions and executing credibly.