I am a lay person. I looked at the Oyster and I would like to know how you think that it looks simpler than a bobbing buoy? It doesn't really get more simple than that does it?
Also, just like cancer there is no 'one' treatment for the problem right now, but compared to a lot of other technologies that I have looked into, this looks solid (Pelamis, for example, just looks silly). Perhaps it is a testament to this particular idea that the Oyster is doing well, and encouraging that Carnegie has developed something similar.
I'll leave the rest to others who know more than I!
CWE Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held