It depends on what your definition of success is - how would you define success?
A successful names policy panel, in my opinion, is one that properly considers all the relevant issues, seeks public & industry input, acts on that input and puts forward proposals to the auDA board for changes.
Well we have a differing opinion on this. My definition of success of a event like this is rather based on outcomes & results rather than how well we followed operational procedures.
Just taking a step back, forgetting that this is even about domains, to me, a once-every-three-years chance to make significant strategic changes or innovations which actually fails to make any is a waste of time, money & opportunity.
Apart from the recommendations that the board bizarrely rejected (more options for domain registration length and release of single character domains), it seems that the overall sentiment to issues raised was 'No need to change - it's working OK'. Complacency at best, arrogance at worst.
Imagine if Google, Facebook, Apple etc just rested on their laurels for three years because in their respective fields 'everything's going OK'?