Alright, should I run through all the diff estimate vs. roi calculators that exist which show that basically no vendor is selling hardware that will pay for itself before it costs more to run than it is earning? Or can you handle that on your own, then come back?
Honestly, mining = race to the bottom. People jumped on the BFL ship en masse then freaked out when they got delayed. OMFG, a delay with experimental hardware, who would have guessed? But that bandwagon left a long time ago. Get a tissue, cry in the corner, then come back to add something valid. Saying "These guys were late" once a week, every week, in a brand new thread does nothing, adds nothing, and only points out that people just can't get over it.
If you're that hard off on finding a cause, look for companies basically dumping cancer water into public water sources, pharmas who sell drugs that can kill people with zero legal recourse, or technology companies who basically use slave labor for obtaining their rare earth minerals and turn a blind eye to it. BFL makes Bitcoin mining hardware and was late on every estimate. Josh is one employee out of a company who has delivered several generations of mining hardware, more than almost anyone on this forum can say.
And for disclosure, no I don't have any monarchs on order, but if BFL catches up to the point where it is reasonable to order > ship within a week and their hardware is priced right I would purchase from them again because everything from my purchase to change of address to interactions with employees has been pleasant. Not the same story for everyone, but otherwise they've lived up to their end of the bargain, albeit delivering late.