Major Problems with the Lean Startup Methodology

First of all, this links to an advertisement website for a "new approach" that OP is pitching, so have your eyes wide open.

With respect to the criticisms of the lean startup methodology, I would say that common sense should prevail and there's no reason to cut and run. I don't have a dog in the hunt, but I've always used the lean startup approach with my mentees as just a tool, that's it. And I would suspect that most people use the approach in that way.

Identifying a problem to solve and devising a solution to that problem that satisfies the customer base is still fundamental to business. You are never going to start with an "intelligent strategy" and then jam that down customers' throats without spending a LOT of money. So what's wrong with starting small and then iterating, especially when there isn't a VC throwing money at you? Nothing is wrong with that. I did it. My friends all did it. And it works, despite OP's reservations.