You should LOVE this one. It's written tongue in cheek, but the problem is real and the excuses for using Versed in this fashion are not outside the realms of possibility.
I took the liberty of reproducing the article here from the above link. I DID NOT WRITE THIS! Some people have problems recognising the fact that *I* don't write every single essay bashing Versed. No I don't and I did not write this one.