1) & 3) Plenty of vaporware actually works and is invested in. Vaporware is defined loosely as stuff-we-talk-about-a-lot-but-you-can't-buy-today TM. When they

1) & 3) Plenty of vaporware actually works and is invested in. Vaporware is defined loosely as stuff-we-talk-about-a-lot-but-you-can't-buy-today TM. When they release it, like Daikatana and Chinese Democracy, it ceases to be vaporware anymore. And don't forget that vaporware does not imply non-innovation! Plenty of vaporware is innovative but fails for other reasons.