Worst Deal of 2009?

I just noticed that the Cash for Clunkers program made Fortune's list of '3 worst deals of 2009'. I remember being particularly disappointed when I found out that part of the program was that the engines of the "clunkers" turned in were to be destroyed. As a driver of a "clunker" myself, I know that junk yards are a treasure-trove of good, cheap parts that allow folks on a budget to keep their cars on the road for years past when most people would throw them away. Removing that source of cheap parts just unfairly penalized those who really weren't in the market for a new car anyway. Of course the counter argument to that was that part of the goal of the program was to reduce pollution, but that didn't seem to work out very well either.