If you believe that I've got some great ocean-front property in Nebraska to sell you.

This is a concessionary contract and you can't spin it any other way. Anybody that says it's not is either blind, completely oblivious about their own industry, jaded from years of the worst pay/rules in the biz, or they have a hidden agenda. Which are you? Marginal improvements to pay, marginal wordage improvements in other sections, no real concrete QOL improvement for junior folks, and completely folding in other important areas after 5 years of negotiating are concessions. It's 2009 folks not 1999.