Ummm... have you ever NEEDED a Ma Deuce opening up to get you enough time to escape?? There's not a sound more comforting than a M2 opening up when you need it. Red dots are fun and all, but really, suppressing fire can be worth more than it's weight in gold. Or is this under the category of "certain situations I'll never encounter from an arm chair and can therefore discount"?
I also heard a rumor that before the internet came out, the primitive people that walked the earth used iron sights to kill things/people. Hell, I once heard a rumor there were entire wars fought with single shot weaponry. But those were rifles with less than $2,000 in bolt on tacticool goodies, so we can comfortably discount that as legend.
Red dots CAN be effective if properly used. However, it seems many users think it replaces cheek weld, trigger squeeze, and good technique. Don't be fooled. It may make one part of the equation easier, but it does not replace the entire equation.
But that's my .02