I still enjoy your posts. Glad you've noted the limitations that will occur going forward on capital fundraising. Large, single donations may suffer under the new premium seating program, that rewards long term, periodic gifts over the donations needed for future capital improvements.
As another note, the premium seating program is for the Scholarship Fund (which I think you posted months ago is just a re-named General Fund). However, as you've noted previously, the Scholarship Fund gives the AD flexibility in its use. I suspect (don't know) that the flexibility afforded under the Scholarship Fund would enable the AD to use it for things other than Scholarships (maybe even capital improvements).
Again, always enjoy your postings. I may not always agree, but they are always well reasoned.