If Activision was "evil", Blizzard wouldn't be around in that form today anymore. Yet, they still operate independently.
Either way, I think Feargus likes to have a smaller teams, everything dandy and candy and family like. That's understandable and okay, just don't expect to get treated better by publishers (more money, more time) while the competition strides ahead of you.
I wonder when the next-gen of consoles hits the shelves, how big are teams then gonna be?