you mentioned earlier the current drop in value you are experiencing and you're certainly not alone from what i've seen - i assist with the provision of tax advice / administraction for approx 500 smsf's and many are in a similar position (although i'd be pleased to replicate your long term returns)
trustee education and compliance certainly plays a big role and this will become paramount as more complex initiatives such as smsf direct borrowing opportunities are implemented in line with new laws
tighter audit compliance will certainly assist to ensure the minority don't abuse the opportunities (interestingly, initiatives taken by the ato over the last couple of years places the auditor in the firing line, so they have a vested interest to ensure all transactions are compliant)
