You're not wrong on the second part.
On the first part, I think the matter is debatable. I could see both sides of the argument. But, I wouldn't conflate whales with witnesses. In some cases they are both. But, not all cases. I generally do not vote for witnesses I don't like. As I power up more and more, my influence should also matter more. I agree with theycallmedan in that all the small accounts add up. We have more power than we give ourselves credit for.
RE: Call it CPOS. C for Cartel. Hive isn't DPOS and neither was Steem