How come it took Bill Gates five years to revamp his flagship bunch of code? Was it laziness? Procrastination? Perfectionism? Did Bill mislay his copy of Getting Things Done?

One straight-forward answer is that in trying to compete against Apple and internet-based companies, in trying to anticipate whatever the future may throw at the PC, Microsoft ran into problems with Vista’s code. The geeks made it too complex. Senior executives stepped in and refocused Vista. And shipping got delayed.
- Microsoft milks the cow one last time, Independent
- After delays, Microsoft in party mood for launch, San Francisco Chronicle

Gates, not surprisingly, gives a positive spin to this. Five years is a worthwhile investment; it lays the deep foundation for incremental improvements down the line:

Well, we haven’t been idle. During that time, we had many Media Center releases, many Tablet releases, lots of things like desktop search. We had a security-oriented release called XP SP2. But, we also had to invest in the layering of the operating system, so that we could be more agile in the future, and have things at the higher layers, like the browser, release on an every-two-years, or even in some cases every-year-type basis, whereas the deep things like the scheduler, the file system, you don’t want to change those more than every three years or so, because they affect compatibility. So you want stability in those pieces. So we invested a lot in layering and security.
- Bill Gates, Q & A, Business Week Online

Avoid any easy hype about the potential of the internet to usher in a new age of democracy, warns Jackie Ashley.

Murdoch and the better-off are mapping their monopolistic powers over to the new digital medium while the old medium’s powers to question these elites are being sidelined:

We should be nervous when politicians start boasting, as they are, that the net allows them to bypass irritatingly persistent, difficult interviewers such as John Humphrys and Jeremy Paxman. Obviously, they need to be scrutinised and cross-questioned by well-briefed interrogators, secure enough in their jobs to push the point. Democracy demands it. Putting up your own website, conducting online question-and-answer sessions, is a doddle by comparison. They allow the politician to control the terms of the exchange and never face a public challenge on questions they don’t want to answer.
- Jackie Ashley, Guardian

We’ve spent a lot of time, post-Enron, criticizing the flaws in the investment community’s gatekeeping activities. But I think we should also recognize what the Enron case tells us about the value of newspaper journalism. Maybe, in other words, we have underestimated the value of impartial, professionally-motivated, under-paid and overworked generalists in tackling the kind of information-rich, analysis-dependent “mysteries” that the modern world throws at us.

All of which, of course, points out the irony of what’s happening in the newspaper business right now. We are dismantling the institution of newspaper journalism precisely at the moment when it seems to be of greatest social value.
- Malcolm Gladwell: Enron and Newspapers