That's a fair assessment. While other players have done the same type of things, or possibly worse, few have been as polarizing personality wise as Bauer (or in other words he seems to have an almost pathological need to be a waste orifice).
While I do believe players and people deserve a second chance usually (it's sad to see a player possibly just throw away all that talent because he's stupid), it's hard make a case for someone who just keeps getting in their own way.
Note: A few folks may have seen my blog entry on the same thing, again... I'm not condoning or campaigning to pick him up, and I'm pretty sure the FO won't even consider it beyond the most ephemeral of fleeting thoughts.