This whole discussion (which has taken place whilst I was off-line, so have just read 50+ messages on the topic) is both frustrating and sadly predictable.
Alec Conroy's message of 17:37UTC (http://lists.wikimedia.org/pipermail/wikien-l/2007-November/084541.html) is a particularly intelligent analysis of the whole BADSITES-related drama we've seen over the last few month. I strongly urge all long-serving admins (and especially ArbCom members) who have strongly advocated one side or other in these discussions to re-read that contribution and see if they see themselves in it -- or, at least, see that others might perceive them as such.
James.