AR's AC34 campaign is an example of governance and management failure, IMO. A failure stemming from poor management decisions and a failure to deal with management weakness.
The only waste of money would be not completing the boat and getting her to sail. Artemis plans to be back for AC35. This is their first time out and they aren't going home with their tails between their legs, they are pushing on despite what has gone wrong.They NEED to see this through.They made a bad decision on which way to go, foil or no foil, and the designer wasn't the best pick for THIS project. What happened was a cascading series of events that were due to those two decisions. All the armchair helmsmen out there have no idea what goes on in a project of this magnitude but find it is easy to "be the expert" and second guess and worse disparage the people who were responsible for the project. I don't see anyone running out to recruit you guys to run a campaign. It's easy to point fingers when you have nothing on the line.
If the jury had agreed with Artemis and OR about how to measure daggerboards, ETNZ and LR could very well be in a similar position and AR would look like the smart guys.
AR will be a strong contender next time around as they have learned the hard lessons in this series.
In the AC there isn't a next time....it's now or never. Good luck to Artemis - they need every bit of it, hopefully NO has been watching all the replays on you tube.