Great analogy Bob,
This was another case where the businessmen at Lightsquared and the "politicians" at the FCC agreed on a plan without talking to the engineers. Lightsquared didn't do their homework and the FCC didn't do their job initially. Lightsquared should have never even considered using that spectrum in an unintended manner and the FCC should never have given them initial approval to proceed. The ultimate losers will be the investors who bought in on this based on the good will of Lightsquared and the faith in the Federal Government that this was worthy of consideration. But then again, this is the same FCC that insists BPL isn't a problem. I think the FCC did a much better job before they had computers, and became used spectrum salesmen :)
Just my opinion...
Howie AB2S
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Howie DeFelice