deldar.. I think in general your attitude is understandable and very much reflective of someone who's an "oldschool" successful online cash game player. But I think that the current state of live tournaments and staking etc is also understandable and simply just an inevitable byproduct of the nature of the game. ie. its just something that should be accepted and not necessarily viewed as "sad" unless you make unfair comparisons to other forms and/or eras of poker.
I mean.. the nature of the super high variance of live tournaments** means an inevitable long-term shift into a state where most of the players have only fractions of their action. And it's a direct result of players either doing a good job of appreciating Gambler's ruin
, or players that are left with their hands tied because they didn't do such a good job of appreciating Gambler's ruin.
If you didn't have this massive market for staking (along with all of the various situations that *seem* "sad" such as people having <10% of themselves, broke people able to play, etcetc..) then the game in general would suffer. You would have far smaller fields of players meaning far smaller prizepools and far less interest from the general public and media. And I'm sure you would see far less action in all forms of poker as a result. It's a trickle down effect that ultimately hurts the game pretty significantly.
The staking/MTT market/situation also adds another element to the poker world that basically allows a smoother distribution with respect to who "deserves" the money in the end. It yields opportunity for good investments for the people who have the money and can make good decisions with it.. and it makes for less of a get rich or go broke situation for people that don't have the bankroll yet are potentially good enough to succeed.
Also, I think the more people that play the One Drop, the better for poker in general.. and on a pretty significant level. Especially given the current state of the game in the US and the fact that pretty much all the big games are now very much live and private etcetc.. I think One Drop is a pretty big deal and I think it has potential to actually have a significant reach and effect on the poker world.
**poker tournaments in general I mean.. it's just that in the live scene variance is especially high given that results unravel so slowly.. there are only significant tournaments that run over the course of a year. Each year is basically a Sunday in the online world. (Pretty ridiculous when you think about it.. and helps a bit in understanding just how insane the variance is..)