I think it's worth remembering there were 2 major phases to the Swales Out protests. The first lasted from c1982-83 and throughout the period to August 1993 and the second came after Francis Lee showed interest.
With the original pre-Lee protests fans demonstrated for years and were supported by fanzines and so on, but it was very much supporters on their own. Because we had no financial clout (other than boycotting games which we didn't do) we were never listened to. Occasionally journalists would mention the demonstrations but it was reported as if we were impatient fans, not that we cared passionately for the well being of the club.
Peter Swales used all the opportunities at his disposal to end our protests - sometimes all it took was the rumour that we'd be buying a player to kill off some fans' criticisms. He also ensured the Supporters Club and others were encouraged not to take the view that his time was up.
In 1993 when he sacked Reid (or appointed Maddock to do the dirty work) only a few weeks after giving him a new contract (what planning!) we demonstrated of course, but Swales believed it would all die down as it had at other times once a new manager was appointed and players' signed.
In truth it probably would have died down because fans were simply not listened to and the media did not back us at all. Then it all changed because the media had the chance of a great story.... Forward With Franny.
From that point on I feel the Swales Out protests were not typical of what had gone before. Suddenly it was 'good V evil' and we had the pantomime situation of cheering the hero and then booing the villain, plus the ridiculous threats and private detectives operating on behalf of key figures (I've heard stories that are truly shocking from both 'sides' - some are clearly true others totally made-up).
I wanted Swales to stand down more than anything at this point and, like most fans, hoped Franny Lee was the answer, but it was Swales Out that mattered most. I attended one of the Franny meetings where Elliot Rashman made a very interesting point - he said something along the lines of "you need to think about what you want most is it Swales Out or Franny In - don't urge Franny in if you just want Swales Out."
Basically he went on to say that we had to be certain that Franny was what we wanted.
There's no point debating the rights and wrongs of Franny's time on this thread (needs another maybe), but I do have a lot of sympathy for the state he found the club in. His biggest mistakes for me were bringing in Ball after sacking Horton; keeping some of Swales' supporters on the Board and in key positions (they'd been part of the issue - when I interviewed Swales shortly before his death he felt totally betrayed by those that remained at City who claimed they would back him all the way); and not understanding the make-up of the modern day footballer & his pay/conditions.
As for Swales Out - I do think we have to remember that Swales Out demos occurred throughout a decade before Lee's campaign started and during that time it was the fans' alone that protested without media support. Whenever I think of Swales Out demos I think of the stuff from about 1987 on the forecourt and the over-use of police horses to chase our peaceful but noisy demos away!