Diirgex: I don't understand your attitude towards consumer entitlement.
No? It's pretty simple. I've acknowledged that there are a few good pieces of information on the site. But go to the Projects page right now, 7pm eastern time, and after the first project in the list, the next three are all "I didn't like what I got, so it's a scam" or "even though there have been updates often and recently it's all very late and so it's a scam" when the terms of use for Kickstarter are really quite plain that neither of those things counts. My problem is not with your knowledge base. It's with what most everyone else is posting.
Kickstarter is a platform where you give someone money so they can invest in infrastructure and produce something - a good, a service, whatever. That's literally investment capital, and if you want to argue that there's such a thing as a risk-free investment, we're not seeing eye-to-eye on what investment is. Kickstarter requires a best-effort to get things completed on time, and requires that failed projects offer refunds; but there's no timeline restriction for refunds being offered, which should clue in most anyone who bothers to actually read the terms of the contract into which they're entering. I have no data for this bet, but I'd wager that a lot of people - maybe even a majority - go in on projects without reading the terms of use. These are the people who then complain about how they didn't get what they wanted and it's no fair. Ignorance is no excuse.
Using your - probably accurate - number of $1.5million, successful projects that fail to deliver represent a little over a tenth of one percent of funds collected by kickstarter. That's about a 99.9% success rate, which is probably better than most of us do climbing stairs *sober*. So what's my attitude about consumer entitlement? It's that there's a pretty clear concept involved here - if you want something risk-free, buy it from a store that stocks it and offload that risk onto whatever carrier you're using. But if you want to get in early on a new thing, get a discount on it, whatever, then you have to realize that there are risks inherent in things that haven't happened yet, and it's not a scam to sometimes lose your bet.