``Overall the VERITAS electronics and data acquisition design concepts the committee has reviewed are sound and well conceived. The designs are well thought out and the collaboration appears to have the necessary skills and experience to execute them in a timely and successful way. The biggest risk to the project is schedule delay. The FADC development schedule is aggressive and could cause significant delays if more design iterations than now planned are required. The Optical Cable decision is a challenge to project management. The potential benefits of this enhancement justify the effort to develop this technology. The criteria for accepting or forgoing this option and the timing of this decision should be thoughtfully planned.''