What is the point of the challenge?
I've been following the JREF and Randi for a long time, but only recently got around to registering on the Forum. I commented in another 'death of the challenge' thread, but wanted to put my 2 cents in here as well.
What purpose does the challenge serve anymore? The only people who are even attempting to win the challenge are, to paraphrase Randi, genuinely deluded people who don't understand themselves what they claim they can do. It's a waste of ANY organization's resources to hold up a large sum of cash in escrow and assign the tasks related to the challenge to otherwise valuable employees who's time is better spent doing something more productive to the mission of the organization. Qui bono? The deluded individuals after the prize, when they lose, don't turn around and realize the errors of their ways, of course. No, they claim it was a 'bad day', the 'energy wasn't right', all the 'negative thoughts' stopped them. So the challenge is, essentially, being wasted on a very very small group of people who aren't going to change their minds anyway.
So what else does it accomplish? Initially, it was created to go after the 'big names' and knock holes in their claims. The big names have, to date, ran screaming from the challenge in all cases. In order for the million to make it's true power known, it would need to take out a Sylvia Brown or a Uri Geller - but they're not foolish enough to try - they'd destroy their reputation. They hide behind statements like 'Randi doesn't have the money' or 'the challenge is rigged'. This is enough for the news media which perpetuates their collective woo to turn a blind eye to the obvious - they can't prove a thing so they can't shut Randi up! So the million can't take out the big names, since they'll never set foot in the ring.
What are we left with? Well, we're left with a million dollars! Those of us who work for small businesses know just how much liquid cash that is, if used wisely. To tie up that kind of money when it's not accomplishing anything aside from allowing us skeptics to say, "If that's true, you can make a million dollars" is just a waste of resources. We have better arguements than that- we have the truth.
But... the JREF has made it all these years without the million, so what's the harm in not stopping the challenge? Well, the JREF has very intelligent people currently being wasted on the challenge. The challenge no one will ever be able to win, since we skeptics already KNOW it's woo-woo. So we have these people languishing day after day, in professional limbo. They're dealing with a dead-end issue, the day to day drudgery of keeping the challenge moving along. Answering emails, letters, threads, phone calls (I presume), and the like. Further, they coordinate testing procedures with the subjects, all over the world! For what? We already know the challenge cannot be answered. Look at the Pear Cable fiasco - months and months of never-ending work for nothing. What was proven? What did all that time and energy actually do for our cause? Not. A. Damn. Thing. We ended up right where we began - we still don't know if someone can tell the difference between a Monster or a Pear. Except, don't we already know it?
In the end we're left with a million dollars earning a relatively small amount of money, and a money sucking pit that is the day to day operation of the challenge.
We don't need the million dollars to disprove the woo. We have our minds, we have science, and we have the skepticism that brings us together. The challenge has already served it's purpose, for ten long years.
We don't need the challenge, we already have reality.