If I remember, Pokerstars covered a 150 million debt in player accounts when they acquired Full Tilt. So it could happen. However they got some technology, intellectual property, a salvageable brand. Not sure gox has any of that.
I think you answered your own question by the end of your sentence.
The only reason to buy is if it makes sense, given all of the reasonable deals out there there is not common deal that makes sense.
That said, I would buy Mt Gox for $1 if were able to lay out my purchase arrangement for the cryptocurrency world to accept, if the CC community accepted it I would take the deal. In that deal, not one of the customers would lose any of the coin or fiat that were properly deposited to their account. That type of win-win deal could work but is not normal by any sense. But I know how to make it work.
