I think Audyssey deserves tremendous credit. I am very appreciative of the impressive HT product development over the past few years-a steady march forward in features and SQ: DynEQ/Vol, DSX and XT32 have really mattered for me, as has Audyssey Pro being available for hobbyists like myself.
I've noticed that you are a very fair minded individual.
I think the salient question is often "compared to what?" Audyssey and others may well provide better room & speaker compensation later, but for now, Audyssey has brought me significantly better sound compared to Audyssey OFF.