Jav,
Iam in absolute agreement with that assesment. their is historical precedent to know that Honda then Brawn and now Mercedes have struggled to get what they know on the drawing board to that what should work on the track.
To keep this on topic, I think the flaws we see related to the car are intrinsically related to the hardware and numbers that are being brought up.
The W01 had fundamental flaws, the W02 is not doing what the drawing board/computer says it should.
Brawn was excited about the W02, and in fairness the car is very far removed from anything else out their.
But look at this in context. When the Daimler sim computers are fully operational sometime in august(a little bird whispered to me

) we shall see how Mercedes addresses the W02 flaws.
The W02 is as fast in a straightline as anything out their, a testament to their windtunnel. But the moment it requires downforce and grip(hardware resource heavy features) it is way, way off.
Bob Bell will have seen many things he likes and dislikes with the W02 and I think it a matter of time before we see this car really challenging, due to him having some knowledge on Renault and its "decent @ low speed" R31 car.
And Dren thanks for the input, I meant the vacuum pressure (sticking the car to the ground) but your knowledge in this area is far better than mine, I hastily admit
