Sadly, I recall those arguments against spreadsheet computation being made in the early 1990s. People simply won't learn.
Ray Panko, University of Hawaii.
http://panko.shidler.hawaii.edu/SSR/
http://panko.shidler.hawaii.edu/SSR/
Goes back to 1993:
http://panko.shidler.hawaii.edu/SSR/auditexp.htm