No "incompetence" has been "proven." That claim has already been heard and rejected by the bankruptcy court.
There is no need to "prove" the incompetence in court. How many rev boards were there? Why is HF in bankruptcy?
There is a need to prove incompetence in court if, like MinorMiner and pmorici, you want to put HF into Chapter 7 or appoint a trustee.
MM and PM tried to do that, and they failed.
Your idiotic "bankruptcy proves incompetence" thesis was proposed by no less than the US Attorney, and literally LAUGHED OUT OF COURT.
If they had succeeded, I'm sure you would be crowing about it. But since they failed, now you want to discount the issue.
If the ASIC was so great they would have been able to turn it into a working product and they wouldn't be bankrupt. All they did was design a novelty chip.
HF made a working product (please try to keep up). The bankruptcy was due to an unfortunate confluence of adverse business conditions and early missteps like the first board rev.
Have you really never seen a tech company fail despite having a superior product? I believe you have, but are just being dishonest.