When Reuters blogger Felix Salmon decided to chime in on recent revelations about Chicago’s parking meter lease deal, he somewhat hastily came to the conclusion that the $1.16 billion was a great deal for the city.

Of course, the Parking Ticket Geek, in his typical twitchy, agitated and nerdy way, got all bent out of shape and felt the need to respond to Mr. Salmon’s views.

But, to his great credit, Salmon decided to at least look deeper into this subject. And while he hasn’t really changed his mind on the valuation, it seems he does understand some of the many other factors that contribute heavily to why Chicagoans are pissed off about the deal.

Here’s his piece, “Chicago’s parking deal revisited.” Read it and tell us what you think. Check out some of the contrary opinions from what I assume to be other Chicagoans below his post.

While I still don’t agree with his assessment on the valuation, at the very least, Mr. Salmon deserves big kudos for being open minded enough to take a second and closer look at the details.