Why does PCI-DSS (and other standards) suck?

From: The Six Enemies of Greatness (and Happiness) - Forbes
Just check item number #3:

 3) Committees

Nothing destroys a good idea faster than a mandatory consensus. The lowest common denominator is never a high standard.

Standards like PCI are always created by Committees. Unfortunately, as this nice article says, "the lowest common denominator is never a high standard".