37signals completely completely rewrote the product from the ground up - which you have strongly advised against.

http://www.joelonsoftware.com/articles/fog0000000069.html

They also eliminated a bunch of functionality that was present in the previous Basecamp "Classic" version, which you also strongly advised against.

http://www.joelonsoftware.com/articles/fog0000000020.html

I'm curious if you believe this is a good move on 37signals part or a huge misstep.