Impressive. I've read plenty of this stuff too. I don't want to go on arguing sematics with you (although I'm sure we'd both enjoy it
) I'll simply close out by suggesting that continuing to think from a clasical interpretation of probability as it applies to risk assesment and the calculation of utilities, or expectation or whatever you like to call the same thing, is flawed when it comes to making real world decisions.
I'm going to opt out of the discussion here as I think to get my point across and to debate your (well made) points will take more keystrokes than I can spare today. Lets continue it over a beverage if we ever meet!
Regards,
AB