Sorry pal, but I don't remember reading about a theory of "the whole carbon data thing." Is that somewhere on Wikipedia? ;-)
But perhaps you can cite for us all the peer reviewed scientific article in which "the whole carbon data thing" was conclusively disproved?
Very simply put, too many things are unknown to allow the carbon dating process to be as accurate as many proclaim it to be. Factors as diverse as changes in the earths magnetic field and changes in the amount of carbon available to organisms in times past could translate into perceivable differences in the carbon ratios in artifacts and remains from ancient times. Even changes in the atmosphere itself could impact this carbon ratio. We know that changes such as these have occurred over time. They are still occurring today in fact.
http://www.angelfire.com/mi/dinosaurs/carbondating.html
that should do it if u need more let me know