I did not decline the bet.  We'll see if Tom has enough confidence in his hardware to make the bet.  My guess is he'll chicken out and take the excuse of "You won't stay out of my thread" to back out of the bet.  But maybe he'll surprise me.

After all, 1000 BTC is a lot of money and I'm willing to put it up against BFL hardware so long as Tom is willing to define "competitive."  Seems easy enough for him to do, but we'll see.

I'm tired of arguing the power issue with people who have zero understanding of the economics of mining.  Anyone with even a modicum of sense would wonder what the heck Tom is hiding by not releasing any estimated power usages or defining "competitive."  Transparency my lily white butt hah.