West Ham are very much like we were in the past. Great club, always dreaming of turning the corner and getting back into the big time, but then falling by the wayside.
I think our move to the COMS was a 'sensible' move in terms of size, but West Ham's move is more complicated. It's obviously a very prestigious stadium and very impressive, but it's a hell of an upgrade for them, and it may prove to be a little too big for them. With success, they could probably manage to fill it, but with mediocrity they will struggle.
The current owners at West Ham simply don't have the money to offer a credible attempt to be anything more than mid-table (at best), but with new owners that could all change.
I like them, a lot (West Ham, not the owners), but I fear for them.