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Two quick points, and then I'll go home and think about this some more:
1) The page you link to has a bad link if you follow the "full text". The PDF link works. (I puzzled over that for a while, wondering why yit seemed like you and I were reading different articles..)
2) It was the Zerhouni article in Science a while back that (indirectly ) brought me to this site. Reading him here, I was struck by how much more appealing his honesty is here than was the "The budget doubled but due to some completely mysterious process, so have the applicants, so we need to double again." in the Science article. I'm still struck by how little interest anyone has in fixing the system instead of just buying a few more years, but at least I'm not storming through the halls in a rage like I was a few months ago.