The whole point of removing the feedback forum was to prevent the sort of drama that occurred last week. Looking at this thread, it clearly hasn't done a very good job.
Yams and Raist have a very good point, and while PMing is one way of providing feedback, it isn't the best. Without mass member input it can't hope to be anywhere near as effective as a regular forum, and the board will be at a disadvantage because of it. I'd be willing to try out a PM system, but given the choice between that and a feedback forum, I'd take feedback any day.
