Re: BS Meter broken - argue the facts please.
Sounds like "some website" agreed with your pre-existing opinion by doing a mathematical calculation on the english language. Just because they use wanky language doesn't mean they're wrong, and it also doesn't mean you're right. Argue against the wankiness of the wording and I'd happily agree, but you've used it to indicate that the NBN is fundamentally flawed. Sorry, no such logical jump to be found here..
As for the NBN, from what I've read, both sides of the argument agree that the infrastructure upgrade and associated potential bandwidth upgrades are necessary, and that fibre is the best solution. The argument gets stuck on the overall cost, not on bandwidth or latency. There's also the whole government controlled vs commercial argument, but the proof of the effectiveness of that stance is, well, precisely what we have now.
Also, I doubt that anyone using their ADSL2+ connection to it's potential is going to choose a lower end NBN connection, so your point is moot (it's also a bit stupid as it's a matter of consumer choice, not product limitation). There is already evidence of NBN prices being comparable (if not cheaper in some cases) to equivalent ADSL connections.
In regards to your 'quango monopoly' comment, and I'll warrant this is subjective, I'd prefer the devil-I-don't-know quango monopoly to the devil-we-know-all-too-well-and-for-well-too-long Telstra.
I honestly don't know why a reader of El Reg would be against the NBN as fervently as you obviously are, other than concern that maybe the money would be better spent on something else. If it's latency, then that's a case of "get over it" because you can't fight the laws of physics, laws of physics Jim.
If you don't like the NBN, what do you propose instead? Be part of the solution, not the problem.