This thread is still kicking around?!?
Well, I still stand by the position I posted earlier (somwhere in the page 5 - page 20 range, I forget), which included a link to a professor of mathematics writing about why at a highly theoretical level "Is 1 = 0.9999...." is an interesting question, and not just a no-brainer proof to show math n00bs how l33t you are and how dumb their instincts are. Of course, the link was from a post a few pages before...
oh found it again:
Link
(not summarizing the content of the link - just babbling to fill space)
1 is a nice simple number, something a baby can understand and represent by holding up a finger.
0.9999... is a nasty mathmatical representation that cannot be accurately rendered by any computer that exists or will ever exist, due to the lack of memory for an infinite number of digits. You can safely do operations with it and non-arbitrary real numbers (ones that can have a repeating final digit), but there is no obvious way to say divide 0.999... by 3.14159... although we can make a good approximation to several million decimal places (not bad!).
0.999... is a series that approximates the exact number 1. A pointless approximation when there's a perfectly good exact representation one may use. Heck, I prefer 1.000... as a representation.
Of course, I'm much more comfortable with e^( Pi * i ) = -1 (try that one on a baby's finger)
!= (power to the people! - by that I mean look at the poll results. The majority knows best, right?)
[edit: spelling]