I agree completely. It seems however there are two kinds of people when comes to near death events. The first are the hysterics who quiver in panic shouting, "OMFG, we might have been KILLED!!!!" The second are calmer people who take a deep breath, change their undergarments if necessary, then start looking for ways to ensure the same event doesn't happen again.

A miss is as good as a mile. Mistakes were made but no one died and the response to this event should be how to prevent similar occurrences. The pilots should, if anything, be reprimanded for not reporting the event and permitting the cockpit tapes to be recorded over. Solutions are better than retributions.