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MikeUHas Fogel even been active in purchasing cards the last couple of years. He was a pioneer in the registry during the genesis, but has since been surpassed by many.
His letter is not insignificant, but it is certainly tainted to some extent. Fogel is a PSA employee and MemoryLane is a significant customer to PSA. I can not fathom this letter not being written without solicitation and some form of duress or obligation.
I would be more interested in statements from Don Luchious and/or Don Spence. They are also PSA HOF collectors, but I do not think they are actually employees. Their viewpoint would, I believe, be less contrived.