Interesting outlook on things... I've always thought (and argued when possible) that the key to any software/computer issue is smart people - not 'rockstars' and these developers who think they're the center of the universe, but a team of capable people, familiar with a broad range of technology and capable of solving problems, using whatever tools are needed. But I have long thought that waterfall just couldn't work - but I suppose it could if you have management and executives that understand the 'product' at the end will be iterated.

I have also been meaning to pick up that book...