Not very impressive, now that Jim Naughton has laid it out like this. I hadn't heard the story of what Bishop MacPherson said at the recent Primates' Meeting.   Daily Episcopalian The ACI further undermined itself by mishandling the Armstrong case, which is still unfolding in Colorado. As executive director of the ACI, Armstrong had mingled the bank accounts of his parish with those of the institute, which was not a legal entity, but rather, as its president the Rev. Christopher Seitz admitted—adopting the characterization of one of the group’s critics—just “six guys with a Web site.” Faced with the…