I would have to agree. Lack of computing power is extremely difficult for me to believe. If Google can search billions of web pages almost instantly, I'm fairly certain a computer can run a PBS program with a data set 3 or 4 times the size it currently runs.
The only lack of "computing power" would be among the senior computer illiterate FAs who wouldn't be able to bid properly using a tool as complicated and ridiculous as PBS. I suspect THAT has a lot more to do with the AFA not wanting to push for PBS.