So in short, I agree with what Wikitruth said about what the problem is:
Wikitruth said:Too many rules are left to be decided by consensus. Too much interpretation (like a song or a poem, not a law) takes place when people whip out their policy schlongs at each other. And, sadly, censorship is now blowing across the Wikipedia landscape, taking good work and sending good people into the night.
In fact, that's the problem! There are so many people who have been burnt out on Wikipedia because of the bullshit, the little God-Kings, the complete lack of direction from the top. The project has literally lost hundreds of good, solid, intelligent people, leaving a core of folks either completely masochistic in nature, or in possesion of little tiny reptile brains. And after all that good work and design on the code and the initial basic ideas!
It's like someone created a great sports car and then made it so that it had 408 steering wheels and a random button that says "skid uncontrollably".