Even with head-fi being a huge eyesore and PITA to navigate, I would still reply with a definite hell no. The industry and its customers have grown more then ever on the high end in 2010 in my eyes and I'm encouraged by the continued growth in attention its receiving by serious players in the industry. This thread alone shows that to me. I am worried that head-fi is becoming less personable and getting too watered down by questions and little info being posted, I have no idea whats going on there now ideas other then the summary crowded by junk on the homepage.
As far as a large regional meet goes, Team NY is a hugely spirited group of audio and headphone enthusiasts that I would trust to handle such an event extremely well with all of their experience and knowledge. I think they are probably the best chance we have at a hugely successful independent CanJam this year.