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But isn't the main aspect of M your stack size relative to the pot, rather than the number of rounds till you are blinded out. I just don't see the point to the article.

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Sure M is computed by figuring the ratio of your stack size to the pre-flop blinds and antes. But Harrington specifically says the reason why this figure is important is that it indicates how long until you'll be blinded out (I think Snyder has the exact quote and page number in his article). As I read it this "how long have I got" aspect of M and therefore how aggressive do I need to play to remain competitive is one of two uses Harrington uses M for. The other use Harrington outlines is in deciding which hands are playable (ie, small pairs go down in value in the yellow/orange zone because you can't play them for set value).

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I agree that M overestimates how long you have before being blinded out, but I don't think that is the main point of M. Who folds all their hands short stacked anyway. Certainly that is not how Harrington advises you to play.

Snyder makes a point, but it is a really trivial irrelevant point. This guy shows very little understanding of strategy in his writings, but he makes it out like this is some great refutation of Harrington or Sklansky.