For those who question our motives, your reasoning is fair but let me clarify some things.
We started Christie Street because of our our experiences with POP. We have been getting closer and closer to this decision since Apple announced Lightning and began its new rules on the adapter. While we were going back and forth and waiting to see if we could still build POP we realized that we did not have a good way of refunding to our customers. That is why on Christie Street we built a automated refund system for our inventors. So when we finally realized that POP just could not be made to what we promised, we wanted to use our platform to do the refunds as it would be easier for us to manage. Also it would allow us to test and tweak the system with real customers. We are all trying to build better companies/products and looking at a loss on POP this seemed like a good way to at least salvage something out of it while delivering a above average experience to our customers, I would call that a win-win.
Lots of people also seem to want POP even without Lightning and our upset that we did not poll our customers to see if a USB only version. But they are missing the point, we said in our campaign that we would support the iPhone 5 and at the time had no reason to believe that would be impossible. Why would we have thought that they would sell the new adapter any different then the old 30 pin?
We are not willing to compromise on the product or deliver something that was not as promised. If that brings skeptics, so be it but at the end of the day today I know that we are doing the right thing, not the easy thing but the right thing.