The Problem With That Argument
The problem is that argument is that it would apply to us. Suppose I play with the strategy of Wonging out in negative counts. From the perspective of the other players, this is also mathematically equivalent to shorting their Shoe.
I don�t see that you can argue that this is cheating when the house does it, but not when I do.
I would favor an explicit regulation that banned PS. I think the easiest would be to require the casino to deal to the cut card, or to specify at the outset of the shoe the number of rounds which would dealt. (This is only practical in NME games).
I believe this would require an explicit regulation from the gaming commission. However, I would be willing to give that up if the gaming commission had rules limiting barring, but allowed PS as an �approved counter-measure.�
It is unrealistic to expect BJ to continue with both barring and counter-measures to continue.