That headline is a quote from Steve Jobs, to a Wall Street Journal reporter in 2004. A year or so later, Apple released an iPod that played video on a 2.5 inch screen. It's often cited as classic Jobs misdirection.
Today's article in the Review Journal about MGM tearing down The Harmon is likely the same sort of statement.
Sure, the building clearly has structural problems - it had to be capped at half of it's height - but to my knowledge there's been no final or official declaration that the resulting structure is inherently unsound, just MGM's attempt to extract a larger settlement from their builder and their builder's insurance company.
MGM says "it is unlikely the Harmon will be completed using the building as it now stands." That leaves plenty of SEC wiggle-room for some 'repairs' to be made to the structure after the lawsuits are settled. Why would they have even finished the building if it couldn't be salvaged? They knew about the problems at least twelve months and millions of dollars before it was sealed.
Jeff Simpson thinks that Fontainebleau might get fontaine-blown-up. That I can imagine. The Harmon, not so much. Unless the building is condemned by the county, I bet on that thing opening someday - furnished with the money that MGM wins from Perini for (allegedly) royally screwing up the project.
Until then, it's the most expensive billboard on The Strip.