Well, the original comment that I excerpted from was discussing the flaw in the very idea of smart contracts superseding human-readable agreements (ie, "the code is the law, and anything we say about the code is just so much noise").

So, yes, in reposting I generalized from "smart contracts are a bad idea" to "Ethereum is a bad idea". Considering how essential the smart contract is to essence of Ethereum, I feel comfortable making that generalization.

Side note: "the essence of ethereum" would make a great subtitle for Drakkar Noir.