If they do go ahead with the bailout, they are going to get the worst of both worlds: the uncaring brutality of a blockchain with the petty arbitrariness of a system controlled by people instead of math

I agree that the marketing they are using now looks wrong. Someone tried to adjust it on their open source web page repository but they won't allow that marketing to be changed, they rejected the pull requests updating it

If people value bailouts, they will certainly not value bailouts made arbitrarily, with the appearance of collusion and support of the Ethereum developers, who were also invested in the DAO and went against the espoused principles you mentioned to make an exception in this case.

Many people are used to bankers and governments having a tight relationship that is used to enrich themselves, so maybe they want to replicate that experience in a crypto-currency. Personally I think that corruption itself will lead to eventual failure.