As someone with ARPA-related experience, I can say there are some trade-offs (possibly even flaws) in the execution of "the recipe" as practiced in the modern day. However, it's probably also the part of government that most closely resembles the start-up world. In fact, when I was there, we often intentionally modeled certain things after ideas borrowed from that side of the private sector. If you believe in maxims like "being okay with failure", "failing fast", and "going for moonshots", then you might think it's worth the cost (and all the untrimmed fat).<p>That said, I'd probably like to see high-level visibility on some accounting of cost versus success in, say, the past 15 years. From what I've seen, there haven't really been the kind of big-impact wins you usually see touted from further back in history. Instead it's mostly been PR, shrug-worthy output, and outright graft (e.g., a golden parachute for a certain Solyndra exec).