The real puzzle IMHO is why IH 'went along with it' for so long
Alan,
Maybe because Rossi is very good at playing people. He knew IH desperately wanted his Ecat to be real, and used that against them from the day they stepped into his Miami condo for their first meeting. Their desire to change the world, and make a ton of money in the process, allowed him to string them out for 3 years, through one failure to replicate to another, until he had them ready for the coup de gras...the "GPT" that would net him, and his partners, $89 million.
He is a master at this. Look at how he has used his JONP to do the same with us. All these years, we have tuned in to his every word in the hopes he has what he says. He know this, as he frequently directs everyone to the RossiBlogReader.
As an example of how he has brainwashed us through JONP; remember the Ecat? Of course we all do, but no one talks about it anymore, because Rossi does not want us talking, or thinking about it anymore. So he has diverted our attention away to the QuarkX. Voila...no more Ecat. Not a peep from him anymore about it. All QuarkX and his few followers follow suit. They take what he feeds them and instead of growing suspicious, they analyze how it might do all those things.Another win for Rossi.
He did the same when he came up with the Hotcat, to distract us away from his 1MW when we figured out there really was no "military customer" that bought the plant. It worked too, as everyone abandoned talk of the 1MW, and switched to the Hotcat.
Yes, Rossi is good at what he does. Very good.