Second of all, it seems that many Bitcoiners complain when aspects of Bitcoinland become "centralized"... and yet here we have MPEx as a competing platform to GLBSE and people come out and complain that I haven't listed on the "main" platform.
Bitcoin benefits when all of the buyers and sellers can participate in the SAME MARKET. Unfortunately current technology means that we need a centralized place to buy and sell securities.
The real solution to decentralizing the equities market is not to have several isolated and competing exchanges but developing technical solutions to federate equities and create a single market with competing service providers.
Hey, I hear ya and largely agree on these points. Let's hope we can get there and work toward it.