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After reading 'The Cathedral and the Bazaar',i felt let alone "Linus' Law", "Brooks's Law", "Delphi effect", if something as to go right it will go right! When there is support for the community and general public likes it, these observations can be made into theories and law's but there will always be an exceptions, yes indeed its true how strong the GNU/Linux community has proven to be, but everything that is famous need not be good [ i don't want to mention OS names which are famous but are really bad and can no way be compared to the great OS GNU/Linux ]
The Cathedral model and the Bazaar model both have produced great software tools, its always relative to individuals discretion to decide upon which model suites his project the best!
Few points i noticed after the read was:
1.Have love for what you do.
2.Start soon, give it to the public, respect there inputs.
3.Re-write rather than just writing a code.
4.Plan to throw, be ego-less coders.
5.Have right attitude for the outcomes, ask right questions and yes the problem could be understood, only after the first cut.
6.Constructive laziness is good for health ;)
EOA [ wc -w => 197 ] && opinion || trash