An example is google as the default search engine in most browsers.How many people never change their default search engine even though something else might be better?Its because google was the first to do what they do best and people had a need for it.Once you fulfill  a need as a merchant customers are extremely loyal.

Sorry, no, you completely misunderstood my topic.
I'm trying to point out, that instead of just screening themself from hard security problems, that come from the fact of
them being a central authority, developer community would better analyse the threats and protect the project from them.
Right now, whitepaper says, that there is NO such authority, so you may conclude, that the project is totally free from such threats.
1. That is not true. It is obvious to everyone here, I hope.
2. I'd like to read in whitepaper, why those threats are low risk. For me that are threats to my money.
3. I'd like to see the list of known threats with their risk rating and their consequences OPEN and well discussed,
not just brave wording about invulnerabilities of the BitCoin compared to others.

PS: Having a paranoia does not release you from under surveillance, I hope you got the joke.

I have to add to this list of the very important things a set of software tests, that will validate any implementation
and tell us, whether or not it comply with the protocol specification and with the rules currently active and whether it is "honest" or not, etc.
That set of tests together with a complete protocol specification should produce sooner or later
some alternative implementations.
A lot of alternative implementations, and they will be as good at interoperating with the others, as good
are the tests and the specification.

However, I still doubt, that such alternative implementations will be functional, interoperable and secure and still will be independent of
any central authority. 
Somebody still have to decide on specification and tests. It just cannot self-organize out of thin air.
Do you get my point? You have to have some Working Group/Consortium/Standards Committee/Development Center/Whatever you name it to be recognized as an authoritative source of decisions on specifications and validity tests for BitCoin implementations.
It is obvious, that it is required for future interoperability, but still nobody recognizes himself as such an authority.

Here's me showing my age 

I created a batch file and put it in the same folder at BitCoin.exe

Just create a file, like bitcoin.bat

Edit the file and paste in

Save the file and use it to start BitCoin. If the program crashes, it will log to console when and restart the client. This only works in the Windows Client GUI, won't work for services.

I figured I would add this if it's helpful to anyone.

echo off
cd "C:\Program Files (x86)\Bitcoin"
echo Bitcoin Instability Manager
:loop
start /wait Bitcoin.exe
ping -n 1 -w 5000 1.1.1.1 >NUL
date /t
date /t >> log.txt
time /t
time /t >> log.txt
echo Bitcoin crashed, restarting it.
echo Bitcoin crashed, restarting it. >> log.txt
echo. >> log.txt
goto loop

1) Solving the hashing problem (finding a message with SHA256 hash lower than given threshold) has nothing to do with factoring. It's RSA encryption that breaks if the factoring problem is solved. Bitcoin does use RSA and will break if the factoring problem is solved, but in completely other way.

We definitely should have economical and mathematical FAQs, because mathematical or economical nonsense appears now and then on the forum and scares new users.

2)  So you message should read "unless someone can solve the hashing problem instantaneously, in which case we have bigger issues to worry about"

These "bigger issues" were already discussed somewhere at the forum, and nothing catastrophic would happen if the cryptographic functions Bitcoin depends on are broken. This again should be a FAQ.

No, it's not. You guys switched from the crucial point - an existing pre-monetary value of the thing that becomes money, to the secondary one - the process (barter) by which this thing emerges as a universally accepted medium of exchange. It is like declaring that water is good for fire extinguishing because people tried different liquids for the task, and water proofed itself the best one. It doesn't follow, however, that water properties have nothing to do with the matter.

This is the weakest spot of Bitcoin. In "Human Action" Mises said that valuation of money (true money) always includes two components -  valuations of its monetary and non-monetary properties (F = M + N). What does this mean for gold, for example? It means that if, suppose, some nerd, having been hoarding a huge pile of gold, suddenly releases it on the market, he, theoretically, can destroy the M component. Suppose even people would think that gold is not a good means of exchange anymore. But he never can destroy the N component, because it resides in the properties of gold that have nothing to do with the exchange process. Gold is needed as a consumable material for jewelry, medicine, electronics etc. So immediately after the intervention stops, the N component, so to say, kick-starts the process of imputing the monetary value to gold. The question is: where is non-monetary component of Bitcoin? There is none. That's why Bitcoin is vulnerable to all kinds of "loss-of-confidence" attacks. I think that this is precisely what Nenolod is doing right now.

Each client verifies the authenticity of hashed blocks itself, so he didn't do that for others. He did pass on transaction information and if his port was open he provide connectivity to a closed port client, but all of the above happens regardless of whether he's hashing.

No, that's not true. Each time he SUCCEEDS at verifying a block, "it adds just that much CPU to the system, and puts us one small step further away from a 51% CPU attack."

Sorry if I'm misunderstanding something here that should be obvious to me, but why would the difficulty adjust downward? Block generation has been averaging around 9 blocks per hour for a few days now, so won't the next adjustment be upward?