My 0.01 BTC worth...

1 - From an ROI perspective, it doesn't make sense to buy any hardware available right now at today's prices.

2 - If you want to invest, invest in BTC.

3 - Presumably because of #2 is why the value of BTC continues to climb.  The investors have nothing else to do with their money.

4 - At some point people want to start selling BTC to make a profit.  When that happens, the price of BTC stabilizes or falls.

5 - Hardware manufacturers and resellers have a problem right now.  They're invested in manufacturer/reselling ASICs and people are catching on to point #1 above.

6 - Something has to come from #5.  I suspect more than one ASIC company is going to go belly up because no one wants their hardware at the price they need to sell to break even, let alone make a profit.  Resellers are going to hurt too.  Watch for fire sales, but buy wisely not emotionally.  1/2 off normal price is probably still too much.

7 - As someone stated above, there is an ASIC bubble right now.  Horsepower is thru the roof.  Hard to make an honest BTC anywhere.  (Day trading is not honest.)

8 - Something has to come from #7.  I too think we're going to see a decrease in hashpower at some point, but I think the bubble has to get bigger first.

9 - Don't trust a word BFL says.  Their motto is a "there's a sucker born every minute".

10 - Seems to me the making of a perfect storm are here.  Be careful, there aren't going to be many winners in how this plays out.

M