I think the bookmaker would be more lucrative, insurance more practical!

<snip>
Pragmatically, it would perhaps be wise to balance 
the risk with a bet at an English bookmaker, or 
an insurance at Lloyd's ?
</snip>


<<snip>>
<snip>
Pragmatically, there is a pretty good business case for halting the 1.9
project. The costs become an issue if, and only if, the project fails,
runs over schedule, or turns out to be only partially successful. 
</snip>

Riiiggghhhhtttt!  I would place a bet on failure given the time frame
proposed (< 6 months)
<</snip>>

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