The whole article does suffer a bit from multiple personalities. How are ASICs going to be too expensive to produce in the future if hordes of Indian engineers will be making them on $50k fabs in their garages and Moore's law will slow down enough that design complexity will no longer increase exponentially with time? Why are the big iron chips still alive if they're dead since they're 1 Billion transistor+ designs?
item 7: everyone can create custom chips with relatively gigantic feature size which won't be competitive with the 45nm guys, but may be just spiffy for other functions.
I think what the author is trying to say is that in the meantime the whole custom chip thing is in trouble.
Regardless of what the article says (it'll be just like youtube!), I can't imagine why random individuals would want to create their own chips, even if they could.
item 7: everyone can create custom chips in their garage.
Color me befuddled...