Sechel – actually, no. I have no problem with a chassidus that has no rebbe (I myself go to Uman RH). Nor do I have a problem with the Nosi Hador concept.
My question is merely how much longer we have to wait til it becomes blatantly clear to all that the Rebbe is not Moshiach, and that the seventh generation is over.
My feelings are that most chabad will return to the mainstream, and the rest will become elokists of sort.