How much weight should we assign to the decrease in cost to entry between '99 and '06 in calculating the point at which we're saturated with startups? How many

How much weight should we assign to the decrease in cost to entry between '99 and '06 in calculating the point at which we're saturated with startups? How many local event (and share your plans with your friends!) evite competitors do I need to have access to? It's getting a little out of hand. When Web 2.0's cycle increases to the point of a bubble and explodes in a rainbow-reflective-gradient shower of glossy logos, it won't be the VCs that get burned, it'll be the little guys hunting VC (or profitability) who rolled their own and failed or didn't succeed in a stellar way. It'll be much, much quieter than the dot-com bomb. I'm actually pleased to see projects starting to end up in the TechCrunch deadpool, and I'm waiting to see if traffic to FuckedCompany.com starts increasing.