I've reached the conclusion that the true cause of the Leafs status is not the incompetence of JFJ or Peddie. It is Greed.
Reading Dave Feshuk of Torstar today I realized that this "mother" is sinking at the same rate as it was on Monday. Tanenbaum, Peddie, et al have confirmed by their comments that their main interest is the revenue produced by the team. Cliff Fletcher's comments confirmed that he will toe the line (the goal is to make the playoffs, give me a break!).
Short of a revolt affecting that source of revenue, I can't think of any other thing we fans can do to straighten up this mess.