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Study finds 268% higher failure rates for Agile software projects
(www.theregister.com)
This is a most excellent place for technology news and articles.
Good points, and I mostly agree with you, especially with feedback loops!
Still, I never argued for waterfall. This is a false dichotomy which - again - comes from the agile BS crowd. The waterfall UML diagram upfront, model driven and other attempts of the 90s/early 20s were and are BS, which was obvious for most of us developers, even back then.
Very obviously requirements can change because of various reasons, things sometimes have to be tried out etc. I keep my point, that there has to exist requirements and a plan first, so one can actually find meaningful feedback loops, incorporate feedback meaningfully and understand what needs to be adapted/changed and what ripple effects some changes will have.
Call it an iterative process with a focus on understanding/learning. I refuse to call this in any way agile. :-P