Since BTC is still new, the diverse offering of products and services is not yet (hopefully) well established. I hope that this takes off.
Most of what you said has been debated to death in hundreds of forum threads, so I won't bother to quote it. I will point out that there are lots of transactions going on which you aren't aware of and may never see openly. Some of the notable ones being gambling and drug sales. These alone easily account for the rise in exchange value. And you are also missing the merchants who are already using and promoting Bitcoin, such as MemoryDealers.
Open your eyes.
