I have no idea what's going on. I tried to ignore it, but my friends who care deeply about it can get quite upset so I've been pulled into several private conversations. Because of that, on several occasions I've looked around the web in an effort to easily understand what's going on.
No luck.
Two things come to mind. First, complexity can be used as a wonderful shield against openness and accountability. You can be as open and accountable as anybody would like, but as long as most people find the situation impenetrable and you do not, it doesn't matter. It's the same thing as not being open at all. Second, I don't see how any reasonable public discussion happens at all in an information environment like this. It's a fail. If they wanted no public discussion, they should have made that choice. This is probably the worst situation a democracy can find itself in: lots of upset people arguing about things which they have no idea the true status of. You might as well watch a puppet show. There's no nuanced conversation possible. It is contrast turned as high as possible.
It's not the decision as much as the uncertainty. I can't help but think the net failed us here -- but I don't know how it could have done better. The betting markets at least will give you an up/down version of the likely outcomes. Oddly enough that might be the best source of information.