It's actually very complex to convert that amount of money any time, let alone working with Bitcoin.
With respect you don't seem to understand the process. Who converts btc to USD? No bank in the world does this. Mt-Gox does the exchange on their own books in a split second when you click 'SELL'. That is not very complex.
I really do understand the process. It's not the conversion that's the problem, it's the banking. And it is complex because you don't want that money being locked out or to have an unknown transfer time which can be weeks or months. Unfortunately VMC are US based - this is all non trivial.
I already pointed out emergency transfers can (apparently) be requested for 5% on Gox but it offers no guarantees.
Tradehill is set up in the US specifically to deal with the banking situation there and that's the problem area, but AFAIK Tradehill are very much a work in progress. I was at the Bitcoin London talk where they said they had more lawyers than techies, and I spoke to several people there who are working in this area.
With respect (genuinely, as I can see you're a big ActM supporter), I don't think you understand the intricacies here.
What intricacies? You are blurring the issues. We are talking about international bank transfers not the legal issues faced by Gox. From what I understand the sheer volume of transfers caused complaint from the banks as the system they use needs manual input, they are not set up to handle the volume of transfers Gox were requesting. Nothing to do with lawyers. You said converting was the issue and it isn't, it's done in-house.
The issue is also not the apparent 'clampdown' on Gox and btc (unless sovereign banks/govs are putting pressure on to slow the infrastructure (bank transfers) of BTC.) No evidence of that? Simply a logistical problem.