Is Phil Helmuth even THAT good?

[RPatterson]

I'm reading his article at http://www.philhellmuth.com/hotw.html and I'm starting to seriously question if he could even turn a profit at online tournaments. His play seems incredibly weak like he always assumes his opponent has him beat. Phil also doesn't seem to adjust to the calibre of opponent he is in the pot with.

Also maybe I'm retarded but it seems like he's making fundamental mistakes like smooth calling with Kings in a multi-way raised pot and then folding when rags flop? What the hell is he doing? Or he knows his opponent is bluffing but rather than shut him down he lets him catch an overcard?

The worst is how Phil will say "I put him on pocket Jacks but I folded my Queens anyways, he showed 7's but that's alright, don't want a 7 to come off and break me". What world does he live in? He gets a read that he is a 4-1 favorite to call all-in but he folds for fear he'll be drawn out on? How will he ever win a tournament playing like that?

I'm starting to think Helmuth sucks.