A few things I'd like to add:
1) As usual, Geoff Johns did right in many places what Waid did wrong. Impulse, for instance, once a hyperactive and annoying stereotype that reeked of insincerity, started to behave in a mature fashoin in Johns's TEEN TITANS. I can't believe I actually said that: I actually like Bart Allen now.
You seem to like ripping on people who love Waid or Morrison no matter what yet you place Johns on a rather high pedestal yourself. As for Bart, his "hyperactivity" was part of the point of the character. His origin I admit is the weakest aspect of the whole idea. It's just totally convoluted. But Bart himself, with impulsive personality intact, works! He could've been matured orgainically and with alot more class than the usual angst fodder BS Johns employed.
Your boy in his oh-so superior wisdom bled every last ounce of fun and charm out of the character to the point where any joy there was to be had in him becoming The Flash was obliterated before it even started. The character became totally and utterly unrecognizable. By the point they half-heartedly tossed him into the red suit he was Bart Allen in name only. Just yet another angst ridden comicbook youth which are a dime a dozen at this point.
2) You might think, considering the low opinion I have of Waid's FLASH, that I'm depressed about him returning. Not really. Here's why: how anyone, even Mark "Barry has an evil twin" Waid be WORSE than the current Flash run?
Geoff Johns could be writing it. There could be some bloated gore filled multi-part event running through the title.
Of course Flash would be better with Mark Waid, but then again it'd be better canceled, too.
If it kept the DiDio and Johns regime from doing stupid things like this to it then yeah.