That is just about what I thought anyways but had to ask to see whether they actually stand for what they say they believe in, and in your opinion anyways I was spot on in my assessment of them. Their lack of action shows they are more than happy to have luke do their dirty work for them.
Who is more than happy to have luke doing dirty work? Gavin? I think he doesn't really care about the Coiledcoin blockchain, it might even concern him a bit, because deepbit owns a big amount of hashing speed on Bitcoin - and even if deepbit is 100% honest - someone might hack 'em and then .... it's gone!
btw.: Most altcoins failed without luke, because everyone tried to get in asap and sold 'em off for BTC when it became profitable. If you think that CoiledCoin will really take off: Create a new CoiledCoin blockchain and make sure, that nobody takes it over. I'm not defending Lukes 51% attack and I'd suggest that he and other people - which are not interested in "brand new & improved blockchains" - just ignore them.