IMHO you guys are lucky he is putting as much effort into this as he is. I am by no means a bitcoin expert, but I specifically remember that every time I read about instawallet I was warned immediately after to not keep much of anything there. Even when bitcoins were worth only $5 people were saying to only keep your first bitcoin or two there if you must, but find an alternative as soon as possible.
Didn't any one else think that just a simple link isn't really secure enough for, in the case of one of the people posting here, $22,000?
I'm sorry, but I think Boussac is doing an awesome job at managing the situtation.
Oh, and I do have money in an IW, however its something like .013252334 as I only kept my first bitcents their and spent it on something else (I don't even remember what).