Let's play nice, kids.
I don't necessarily disagree with what our ivory tower eggheads have to say, at least some of it. But they ignore the cardinal rule of all investment planning: if your chosen plan cannot meet your objectives, it isn't a reasonable investment allocation. I don't know about the rest of you, but a portfolio of all TIPS would never allow me to meet my goals. I suspect that is the case for most people. So its very nice that one can get a good risk-adjusted return with TIPS, but its largely irrelevant as I don't wish to work until I am 70.
"All animals are equal, but some animals are more equal than others."
- George Orwell