What's the REAL reason(s) so many "top" players are busto?

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Here is another poker pro who bit the dust. Online limit holdem specialist who was fairly arrogant when he was moving up. He even wrote a poker book, the short handed section was considered pretty good.

Poker Chronicles

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Most enjoyable paragraph I've read in a long time (from your PC link)

"Another thing to understand is that in poker you can't fake it, or at least you shouldn’t. If you're a writer, or an accountant, or a lawyer, or have just about any other occupation I can think of, you can phone it in when you need to and nothing too bad will happen. You can go to work, fly under the radar for a day, not be your fully productive self, and you'll still get paid. They won't cancel your health insurance and you'll still accrue your vacation time. It's likely nobody will even notice, and if they did, they might be understanding, since everyone is in that position sooner or later. At some jobs you can get away with this for days at a time, and a lot of people make entire careers out of it. "