I think the confusion or disagreement comes from different views of when dilution did or didn’t happen.
I think Jim is pointing out that because too many MAID were minted, the change (debatably a dilution) happened then, and has no real effect now. And that at the crowdsale there was an accidental de facto change in the hard cap which can’t be fixed in retrospect and never could.
That means that what people actually bought was not and could not be based on the 2^32 hard cap as advertised. The time to complain about this was then, and to get a refund if you didn’t want the accidentally revised deal.
The confusion and disagreement, I think arises from ignoring that and thinking the deal is still for a 2^32 hard cap and trying to make that happen when in fact, I think Jim is pointing out that it can’t.
TL;DR: If there was dilution, it has already happened and we’ve already accepted it.