Thanks for putting your efforts in preparing such a useful post and guess what? I can't agree more with everything you said above.

The reason why most of the people are using Steemit is to make as much money as possible. If the peg is broken by free market in positive way (offering premiums), the community should do nothing but enjoy the rewards. I mean, who doesn't like to gain more than what was expected? We are holding Steem because we hope to see its value multiplied by x10 in future. And if we are getting same benefit by SBD then there's no reason to touch and try to modify the free market except when there is a possible harm expected.

After all, Steem is also benefiting from the high SBD price. If there was not SBD pump, I am sure that Steem wouldn't be trading at nearly $2. The SBD pump drived the price of Steem and before that time, Steem was suffering a lot. It was hard for Steem to go above $1.10 and suddenly we noticed the price increase. I believe that everything is good if there is no harm in current situation. As far as I can see, high SBD price means people will be able to power-up at discount. How it can be a bad thing when people are loading their Steem for powering up?

I'm with you!