This is pretty much spot on but not necessarily for long. I'm really saddened by how badly kickstarter is being abused. There was a time when they could've put in vetting into the process but it's really late now. I fear people have grown wise to the fact that from their perspective this is essentially a costly way to pre-order in the best case scenario and a costly mistake in the more common case.
Personally I don't bother anymore. If the project that is on kickstarter will succeed, then I'll be able to buy them when they do and not have to wait. If they fail, I wouldn't have gotten anything, and I get to keep my money.