So... stretch goals?
Not nessisarily. Stretch goals are something extra beyond that the ordinary and often Stretch goals are much less then the requirement (Hense why a few developers actually ignore whether or not their stretch goals were met. Since it was just a token sentiment). General quality, time, and flexibility are not stretch goals.
If somebody can't make a realistic estimate of their own costs then they fail at Project101 and probably won't even be able to finish their project anyway
A lot of projects can never have concrete funding requirements as the exact amount can change due to unknown variables that cannot be seen until the adventure has started and reached certain checkpoints. For example if you were renovating a house.
The concept of profit is obviously unknown to you and you should feel like an arsehole for wanting to boycott good ideas
They still get profits, they in fact get a lot of profit after the kickstarter. If they didn't then their project obviously wasn't all that good.
If their only source of income was Kickstarter overfunding and they weren't simply using it to provide a cheaper service requiring mass funding in advance (As with most miniature Kickstarters) then there was an issue.
Anyway the entire idea of KS is that pledgers get to donate a certain amount of money and in return get to pick a pledge reward
No that is the enticement. That is how they convince you to donate and to donate more at certain levels.
The concept of profit is obviously unknown to you and you should feel like an arsehole for wanting to boycott good ideas
Boycott? What do you mean. The project was funded. It is a commercial product and it will be sold as a commercial product.
Where is this "Anti-profits"?
All this means is that people should stop "Funding" a project after it ceases to be funded.
how is getting more than is needed not crowd funding?
The difference in buying and funding.
Besides which I'm sure people would be more annoyed that they don't get whatever it was they pledged for, but do get a refund, than not getting the refund of whatever is left over.
Ehhh, I am more concerned with the fact that there is a atmosphere that allows and encourages pocketing large swaths of your funding and not putting it towards development and how that is one of the possible ways Kickstarter can go wrong.
Not so much that there exists profits off of kickstarter as kickstarter is often used as a platform for pre-orders and even allows another kickstarter if a project needs even more funding (but I am unaware of the mechanics). As well Kickstarter pre-order mechanics is often outright required for anything that needs to be mass produced unelectronically due to the expense of buying casts and prints.
Though the hard part about arguing that there exists an area of ethical slipping within that system is hard when you have no idea how to argue it (like me) and keep floundering about. Then start being surprised when people hyperbolate against you, as in me, and realise too late that they don't exactly mean what they say but rather have used less sophisticated examples against you in arguement creating terribly flawed models.
Mind you as always I believe that when you put something on kickstarter you are asking to fund a project. If a person had an honest knowledge that the funding, and they may fund over the donation amount, was in fact not going towards the project. They may hesitate or at least fund the minimum required amount, and if they did fund extra it would be a thank you (money gift).
When funding goes over the project goal there should be, in my mind, a sense of obligation to try to use that money on the project within reason and within the scope you are willing to work within. Where any left over can be pocketed.
When someone sets the goal above the amount they need and immediately pockets overfunding and intentionally under funds his own project with the funds he recieved. He is doing something wrong with the money people have lent him. Even if it is perfectly within the scope of Kickstarter and in many ways encouraged since any money not used on development is kept with no system to prevent it.
Which really is my only point.
It's actually not BAD, per se
You didn't have one did you?