Hi, sorry about the delay in responding. I haven't had much time on here recently so haven't been patrolling some forums as often.

Ah London, where the buses were privatised but never de-regulated (and still make profit)
As radamfi has pointed out, they don't really. Each year millions get poured into the system in London and council tax payers there also subsidise the network in part. Yes they have an integrated network where the fares are reasonable, however London is not the only example. The much maligned First Mainline subsidiary in South Yorkshire still charges a reasonable fare compared to many other cities in the country, amongst others.
I have lost count the number of times I have suggested Quality Contracts as a solution to some of Manchesters bus woes. Not political will to do so.
It is not as simple though. Though a possible solution to the defragmented bus industry in urban areas, there are many issues, mainly about money, that will need to be addressed for such a scheme to go ahead, such as how the principle operators are going to be compensated if they don't get awarded the contract for the corridors that they current operate on, especially if it is a highly profitable one, such as the Wilmslow Road corridor.
You are right. Real time information is part of the solution. While it will not reduce the causes of, or the delays, knowing the bus is ## minutes away will restore some confidence (at least we know where it is) and help people decide when to go to the stop, as long as it is available away from the stop that is.
I agree. However what we really need here is a more centrally administered scheme for it to be effective. At the moment, there is no economies of scale and the technology is not cheap. Also each local authority does its own thing and there appears to be little communication amongst different clusters of authorities. To give you an example, Leicestershire has one of the earliest models of realtime display technology in Startrak. Nevertheless after main operator Arriva Midlands pulled out of the scheme at the beginning of this year, it was deemed too costly to maintain and therefore switched off. Another reason cited is that the system is now not compatible with latest technology and needs a complete overhaul. Had it been planned by the central government then the system would have been more effective, with longevity and cheaper, at least in theory, as all areas have the same system. It can then become a standard requirement before awarding a company with its Passenger Service Operator's Licence.
This raises another issue though. I have sat at tables where operators and transport authority have squabbled over who should pay for the technology, each expecting the other to stump up the cash!
Unfortunately the operators are there to make money for their shareholders. The perils of privitisation, eh?
I cant help but marvel at what a great idea it was to make discusing timetables and fares between operators illegal
You can never stop it. A cartel is very difficult to prove in most circumstances.
Out of all the PTEs, TfGM and West Midlands PTEs are the least interested in Quality Contracts. WM and GM are almost the same population but WM has considerably higher patronage and considerably lower fares. There are good relations between WMPTE and the main operator, National Express West Midlands.
I don't really think QC is ever going to get the go-ahead. SYPTE seems to be the authority shouting loudest about wanting compulsory QCs after its relationship with First Mainline deteriorated a few years ago. We are still waiting.
I will read the link in detail later today and see if there is anything else I need to say about the matter. However at first glance I do agree with many of the points Bill raised and I think he has hit the nail on the head on the whole.