I don't think PSF's posting is either of those things (blinkered, biased) Most people realise that savings need to be made but there may be an issue with the speed, depth and severity of this action.
The post illustrates the range of people and services involved.
On a personal level, I work with homeless 16-21 year olds, hostel places are being cut (over 150 at once in the borough) at the same time young people are looking at the loss of EMA, Connexions and other services, employment opportunities are scarce.
Young people I work with are being placed in unsuitable accommodation (and whilst on a waiting list to be placed other newly homeless youngsters are being placed in B&B - not the nice kind!) with very little 'floating' support (approx 1 hour per fortnight) as well as being at risk in so many ways - so will the people they are living next to in terms of potential ASB etc.
Good people of South London - take to the streets if you want to, have a dance, have a shout, dont throw fire extinguishers at people. Nothing may change, but at least you will have voiced your opinion.
Good luck to the Big Society - I have a feeling it will be needed in abundance