Update: Oracle buys Sun. Oracle is positive about the acquisition, which, I suppose, makes sense. Nobody would shell out $7.4 billion for something that was obviously a bad investment, unless bad investments themselves have become a way of getting added cash flow. Sun also appears positive, naturally.

Recent commentary by a Cyber Cynic is not so glowing, and I’m always tempted to give cynics more credibility than CEOs (though I probably shouldn’t, since CEOs typically have more to gain or lose). Any thoughts?