I just posted a story over at the St Paul Broadband Committee site about my belief that a lot of the municipal WiFi networks don’t seem to be grounded in financial reality.

Here’s a link to the article and here’s a link to the muni-WiFi financial model I built to go with it.

Here’s the deal — let’s get these models out of the hands of the VooDoo consulting expert type people and into the hands of the people. “Open source financial modeling” if you will. Let’s beat on this model — or write a new one if this one is hopeless — and get to the point where we ALL understand the economics that underpin these projects.

That way, we can either rejoice in bridging the digital divide, solving the problems of the world and putting a chicken in every pot (as advocates claim) or we can avoid the mess that comes with yet another technology project that over-promises and under-delivers.

What say you? Let’s have at it.