Andy Hunt, one of the authors of the Agile Manifesto, has posted a blog post about "The failure of Agile".
In spite of its headline, it is a very interesting post and Andy complains about mainly the same problems that annoy me - and I am sure, many of us: an incomplete understanding of Agile. To me, this is not Agile, it is the absence of Agile. It describes going through the motions without understanding the spirit. Like standing in a circle once a day or defining a regular interval for delivering crap. This is characteristic for a different phenomenon: Cargo Cult.