I agree that I rather fly with no IFE no food and no decent seat on a perfectly fine plane, rather than flying first on a plane going to crush. That's for sure. The thing is that it does not feel like there was a real plane going tech, this feels more as an excuse they used for downgrading the plane.

And as for venting out - "my name is mkilmo, and I like to vent out things here at FT"