I feel that mining is indeed profitable. I think as long as my earnings are greater than my electrical costs than it is ok.

The bad feelings by many on here are probably due to them overpaying for their mining gear and they are too focused on looking at the short-term. The way I feel you basically invested in mining gear in order to "buy" coins and a less than market rate.

This is still true as of today, where you gain more coins for your $$ by mining than you do by buying them directly. Since the only reason to invest in a coin is that you feel at some point in the future the price will go up, then by that measure mining is still profitable.