The problem is if it crashes and burns, it turns into some sort of referendum on how IPOs are "doomed" in this economy and possibly also for quite some time in

The problem is if it crashes and burns, it turns into some sort of referendum on how IPOs are "doomed" in this economy and possibly also for quite some time in the future. I'd rather see a better company and one that doesn't carry a stigma (rightfully or wrongfully) that could prevent wide public investment be that bellwether. Unfortunately those companies are probably staying away from even thinking IPO at this time.