I normally keep my opinions to myself on this forum because it is so easy to be misunderstood or to hurt feeling, but I guess I'm feeling bold today.
 
I'd like to start by saying that no one has the right to regulate another cacher.  We all have different motivations or limitations.  What is an ideal cache for one may not appeal to another.  However, we do need have constructive and open discussion on tough issues.
 
I'm personally very concerned about the issues of cache density and urban caches.  I believe there are two factors working together to pose real risk to the future of geocaching.  First, geocaching is growing rapidly with increased public awareness, especially from those in authority.  For a long time geocaching was so small it was below their radar, now they have heard enough that it has their attention and some of what they have heard is negative. The second factor that really impacts urban caches is increased security awareness.  As much as we try not to, cachers can sure look suspicious hanging around and hiding or finding containers in any area, but it is especially true in more populated areas.  Regardless of the reasons, geocaching is being watched more closely.  Our actions in the field and our comments on this forum can influence the future of the sport. 
 
For these and many other reasons when you hide a cache, look at it with a critical eye.  Is there another nearby?  What is special about this location or cache?  Could it be a virtual cache?  Is it in a location that would cause concern from non-caching neighbors?  Would public authorities be concerned?  Can the cache be retrieved most of the time without the cacher being noticed or attracting attention?  Have you given good instructions about limitations to getting to the cache (hours of operation, etc)?  Are you willing to maintain and remove it when appropriate?
 
Many areas have a lot of caches. Libby really demonstrated that recently with her 45  finds in one day.  What is the lifecycle for a cache?  Should they last forever?  I personally don't think so, but I think it is pretty rare that a cache is removed by the owner.  Usually they are lost or stolen.  Many of the times I've seen a cacher remove one of their caches, it has been because they ended up hurt by comments here or in the log.  For the caches that are already out there, I suggest we start archiving some. It would be nice to show authorities that we as cachers are being responsible for maintaining the caches we have.
 
I'll get off my soapbox now,
Jerry (Cache-Quest)