I think general discussions about TPG are a good thing as it has become a significant element of the hobby. Specific instances of disappointment may be less worthy of threads unless of an unusual nature in my view.
I share Bill C's view that TPG is a positive development. Even with its shortcomings, grading by one of the trusted companies provides a measure of reliability that, with the internet, allows most collectors access to many thousands of cards that they would otherwise not consider buying.
Its shortcomings appear two-fold: missing alterations and subjectivity. As to missing alterations, the companies should of course continue to strive to improve and stand behind their mistakes.
The problem of subjectivity cannot be overcome as it is implicit in the very nature of grading. There is no way the standards can be drawn tightly enough or applied in an identical manner every time (even by the same grader, let alone by all graders). Thus, while companies can take steps to improve consistency, there will always be unjustifiable discrepancies. (Over time, I should think this ambiguity would have the effect of reducing the differences in values among grades.)
Finally, it seems to me that these shortcomings exist to a greater degree in the non-slabbed world. Not that there is anything wrong with raw cards, which comprise the vast majority of my collection. They frequently offer a less costly alternative under certain circumstances; for example, where the buyer knows the seller and/or is not paying a large sum and/or is buying in person. But, adherents to the raw system ought to recognize that TPG serves a valuable function for the hobby.
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