http://www.paulgraham.com/disagree.html
There are some good points in Kurzweil's response, but the ones about Paul Allen are definitely not them.
I think his best point was about extrapolating function from individual cells or structures, without needing to understand every single cell or structure individually.
If you're going to debate the singularity here, maybe you can get by with just stating "I don't believe it's possible" without citing any logic, which as of this writing there's at least two people in this comment set already who have simply stated that without defense, but if you're going to debate one of the leaders of the field it would help if you would at least grant your opponent the courtesy of thinking that just maybe over the course of the decades he's been thinking about this, the obvious objections that you thought up in five seconds just might have been addressed at some point. You may not think they've been adequately or correctly addressed, but don't pretend they haven't been addressed at all.
Personally I'm not completely sold on the matter for a variety of reasons myself, but the usual logic given for why you should be skeptical about it is terrible. The interesting questions are a great deal more complicated than something that can be dismissed with something that generally boils down to "Look, I just can't imagine the world changing that much, so it won't".
Kurzweil provides both high level general evidence (like improvements in computation) and low level, domain-specific evidence (like the discussion about the pancreas) to support his claims, but none of that justifies the use of the word "law" in "law of accelerating returns". He attempts an analogy with thermodynamic laws and how they are derived from underlying statistical principles, but there are no underlying fundamental principles of human innovation and progress that are in any way comparable to the certainty and universality of physical laws. This, I think, is why a lot of people (myself included) have a hard time taking him seriously. He tries to apply the same kind of formal analysis that works well in science to human beings and the complex, highly non-scientific processes that underly innovation today. The bottom line is that, until the singularity occurs, human beings will still be needed to build ever more complex and powerful systems, but human beings do not progress at anything close to an exponential rate.
Replying to "evil exists, therefore God does not," with, "that argument has been made before," doesn't say anything about whether God does or doesn't exist, and it doesn't do anything to refute the argument.
The point of PG's How To Disagree is that the point of disagreeing is to address the truth or falsehood of a proposition, not the way the proposition is presented.
The DH# levels (at least DH0-2) can be restated something like this:
DH0: I don't like the author, therefore his argument is false.
DH1: The author has a relevant fault or weakness, therefore his argument is false.
DH2: The author didn't present his argument well, therefore his argument is false.
While it's nothing against him personally, the first three paragraphs of Kurzweil's reply read like "the author didn't present his argument well, therefore it is false." He recovers later, sure. He easily reaches 5-6 on the DH scale, but the rebuttal would be stronger without the first three paragraphs, and they certainly aren't the best, or most praiseworthy, part of it.