Two points:

1)  In no way does bitcoin security performance effect bitcoin overall.  Unfortunately, the only thing holding bitcoin back at the moment is public acceptance.  The problem is, every time the public gets involved, the price bubbles, pops and scares the public off.  We need to diversify the exchanges enough so that arbitrage can calm the market to a minimum level of stability.

2) All fun aside, Ken really thinks AMC is a real company and a solid investment.  Will it be Asicminer 2.0? No, most definitely not.  Is it profitable @ .0008 / share? Yes.  Is it a scam? No.  Might the U.S. Gov. crack down on AMC/VMC for the multiple questionable business practices? Yes.

I'm no longer an AMC share holder.  I will admit that I made quite a bit of BTC off of this roller coaster ride.  However, in my heart, I believe Ken is being truthful and has only the best intentions in mind.  His business plan however admittedly is faulty.

I will say however that I have a sneaking suspicion that VBS and Lewiki are both part of AMC and not 'normal' share holders.

Also.. Please stop holding burnside in some way responsible.  That's just stupid.  He leaves it up to the shareholders to approve new securities.  AMC was already trading on bitfunder, there was at the time no compelling reason to deny the listing.