I'm not defending them, but it's clearly obvious that YOU ARE NOT the target audience. Lets think about this logically. If you don't want to buy it, then you weren't really the audience. I don't understand why people don't get this. When given choices, company's don't think you're the target audience for all of their products, that's why there is a lineup of CHOICES.
Not a great machine, I agree with you, at least from my personal opinion. Now, to those that are the target audience, they'll probably think it is a great machine. See how perspective works? I think it's over priced, under performing. Which brings me to my next point.
Future of Macbooks, of course it is. You'd have to be crazy to think it isn't... hence it being called a Macbook. Like it or not, Airs will be phased out soon (within next year or so). It's the same way the Airs first came in, over priced and under powered at $1700 or $1800 (can't remember) yet now they go for ~1K.
So yeah, my personal view is it isn't a great machine and apparently we agree on that. But the "you're not the target market" is true, so is it's "the future of macbooks". If you disagree on the target market aspect, then why haven't you bought every single product Apple offers? Reason you haven't is, you're not the target market.