The first bit about Ironside is all conjecture, another player (like Reed) who isn't comparable as we didn't receive any bids (to our limited knowledge)
As for your second paragraph, there is certainly an element of truth that our fan base are guilty of over hyping players. (I don't think that's a phenomenon exclusive to S2). This I'm not denying, and is one of the many things I agree with you on.
Ultimately though I asked if you could prove that "the gamble is more likely to pay off than not". Something which you've failed to do.
Since our fall from the premier league we've sold 5 academy prospects, and only 2 are comparable to DCL (Slew & Walker) as Naughton, Lowton & Maguire had all been given the opportunity to play games before they were sold.
Far enough, we had Blackburn's pants down with £1m, but it pales in significance to the money we lost by selling Walker early. So do tell me again, why it's a gamble worth taking?