It is so sad that this is still what people worry about for code style. Anything here could be done in an automatic code formatter written in a weekend.
Why not an article on, say, Ruby API design? Use blocks, overload these (but not these) operators, DSLs, etc?
Advocates readability in one instance, then says to use fewer spaces for indentation? The only reason to use indention less than 4 spaces (some would say even 4 is too few) is so you can cram more nested statements in, and if you're running out of room nesting such that a smaller indentation would help, your problem is not related to indentation.
The wrapped line (2nd line, if you will) is not indented. I find a word-wrapped line of code more difficult to read than a manually broken and indented line of code.