Definately no need to discuss whether or not punting or going for it was the correct decision. Either one wouldnt have been a decision to be criticized for.
The point is our HC made neither of those choices. Instead he did the worst possible thing he couldve done. He drained every second he could off the clock and then burned one of our 3 timeouts in the faint hopes that we could draw a team offsides on a bush league gimick that NEVER WORKS. Bush league my friend, bush league.
I would agree with you that once you burn that timeout, that going for it was then the better choice. IMHO having only 2 timeouts in that spot completely changes the scenerio so much that personally I wouldve gone for it as well. If I have all 3 timeouts, Im never afraid to punt in that spot. It wouldve had to be around 6 minutes or less for me to go for it there if I have all of my timeouts.