I don't have to defend it, our numbers are rock solid, thanks for asking though.
As for pre-ordering a bASIC, of course. I'm pretty sure Tom has BFL equipment tucked away somewhere.
I miss nothing you intentionally mis-read/lead with your take on that section where it is crystal clear you can back out for any reason if your not happy with the specs or lack thereof, go play the red herring game elsewhere.
I beg to differ. Can you show me where it's crystal clear then? Tom has clearly stated that the refund policy will likely change. He has also clearly stated he will not give out power numbers until he has the production boards. That's pretty clear that there will likely be no refunds after he gives out the power numbers. Please show me where I am incorrect.
Tom also said, in the quote you provided, that he would give a one week notice to any refund policy changes to allow plenty of time for anybody to request one. It's very obvious he's not going to suddenly announce a policy change and screw over his customers as you are trying to imply.