No, I'm of the opinion that he's totally nuts.
That, or he's suffering from Herbertism. Make one fantiastic product, then kill the line with subsequent attempts at duplicating your success.
The Patriots of MGS2 just really killed the whole franchise for me. MGS2 took the great parts of MGS and bent them to such absurd levels that there was no way I could really enjoy the story that much.
The gameplay, on the other hand, was nothing short of amazing.