I have been watching this thread from day 0.

And now Ive got registered just to post following:

by now I have very little doubt that this FreeJack2k2 dude is in someways related to btc-arbs. In the early days I used to think of him as an honest person trying to weigh in all sides of the argument, but if you read just his posts from day 0, you'll see that whenever people express their doubt and confusion about btc-arbs, he would jump in right away to defend them 'viciously'.
Maybe he is not really affiliated to btc-arbs, but then he is probably someone who has some amount of btc there and want to encourage people to join this hyip, so that he can steal more from the others.

I know that there is not a single issue reported on btc-arbs so far. I guess this gives confidence to some, but if you're a sane person then you clearly know that this fact doesn't mean ANYTHING. The bottom line is, there is NOT a single solid fact that is clearly demonstrating that btc-arbs is not a hyip.

Saying all this, by no means I am clean myself. I have put 2.6btc 2 weeks ago and pulled it out today at 3.01btc.

I could be wrong, but it could serve someone as a warning to take his posts with a grain of salt. just my 2 cents.