I agree, but with 1 modification: I think 90+% of WotC's problems as of late stem from trying to do to much in to short of a time and not enough focus.
- Failure to get the new license/SRD out when they said they would.
- Launch eDungeon/eDragon and have it fall far short of its print predocessor.
- Make a website a central location for all gamers to gather that doesn't work properly.
- Start an online gaming site that (from the previews I've seen) displayed a quality of graphics that were the standard 10+ years ago.
All while launching a new edition.