I dont think a "waste" but possibly still lost?
My main concern has been his disregard for his fans - it might be a problem with management.One example of this is the way preordered CDs have been managed - some people are still waiting with no communication or explanation - I ordered mine in July last years and Im still waiting!.The closure of the original website indicated that there might be a problem - especially because there was some degree of disquiet about the delays posted there. The new website didnt have a forum. Then months of no information and no way of contacting the management through the new web site.
My experience of the gig in Bristol was mediocre - I wouldnt have gone if Id known how poor it was going to be.