Nuts.
I was kinda' hoping for not guilty. Not because of anything at Enron... but because it would be a slap in the face for the complete over-reaction that was the Sarbanes-Oxley act. SOX is the real danger, not Enron. Enron's damage is done. SOX continues its rot.
It was funny enough, I guess, that Arthur Anderson came out actually not guilty of destroying any evidence even after all that bad press . Too late to save the company... but sometimes a face slap is all you have.
Agree with you completely on SOX. I serve on the Board of Directors of a small NASDAQ company and accountant rates have gone through the roof because of SOX. Worst legislation passed in a long time. In accounting circles, it is viewed as the "Full Employment of CPA's ACT"