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HankronI don't specalize in cards and have owned exactly three graded cards in my life (2 PSA, 1 SGC, each worth about $2). My guess is that PSA, SGC and Beckett are all legitimate graders-- each with having comparative weaknesses and strengths, or being better in one area instead of another. I think these arguments often come down to a collector's emotional attachment to her grader of choice-- only enhanced by the fact that she has invested lots of money in that company's product. I think that in many PSA collectors' minds, the weaknesses of SGC are artificially magnified and PSA's weakness are casually dismissed. And visa versa.
So, while there are many facts to the arguments (I am personally aware of certain graders grading fakes and counterfeits), I think a lot of the arguments are at least partially based in the cliques typical to any part of society, including baseball cards.