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That guy is a tool. Half those movies on there were good flicks.
Wow, he hates on Spielberg for using a crappy puppet in "E.T.", then spends the rest of the "article" ripping apart other films for overly flashy special effects. What exactly is this guy's idea of a "good summer blockbuster"? I'm guessing "Made of Honor."
He doesn't ever say that they are busts. I think he's commenting on Summer Blockbusters in general. Typically you get films that are high on budget and high on action, but low on story and quality.
Don't get me wrong, there's a place for those films, but they're not the height of filmmaking.
Just because a movie makes a lot of money doesn't mean it was good. A lot of people buy in to slick previews with lots of explosions.
It doesn't mean they are good but they are still blockbusters. If a movie is crap but makes $300 million at the box office, I don't think the studio cares one bit. There is a difference between a bust and a crap movie.