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I agree with much of what you say until you hit this:
"Kipp E.B. Hickman" says:
> You are right here. However, our observation is that an interesting chunk of
> the world is moving towards using X.509 based certificate infrastructures for
> many things.
Like who? Certainly not the internet standards people, no matter what
certain people might tell you. The X.509 body may still be twitching
but I don't think its heart is beating any longer.