Good post and I agree!
IMO the reason the MFC hasn't won a premiership in the last 45 years is largely because of the way the club has been run in that period.For the longest time the MFC has competed in a professional environment(VFL and AFL) run by a bunch of amateurs.
The Gin and Tonic swilling ,Pheasant Hunters from past administrations who thought laying money out on the likes of "Diamond Jim" Tilbrook or one or two other "marquee" players would bring instant premierships to the MFC , brains' were clearly scrambled by the affects of too much cigar smoke! This type of thinking permeated through the club for quite a period and greatly lengthened our run of failure.(Purchasing Templeton and Moore was another example of this mind set)
Putting time and effort into your recruiting,development and club environment by rolling up your sleeves and getting your hands dirty was certaintly not for these guys.
Fortunately our administration now comprises of Jimmy,Cameron,CC and other like minded people who seem to know what it takes to be successful and are not afraid of hard work or making some tough decisions.
A period of sustained success(inlcuding premierships) is very much on the cards for the MFC in the next period of our history IMO.