411A:
I usually find your posts interesting and informative (many would disagree), but the problem here wasn't "too damn many Colonels in charge". There were two colonels on the crew, IN THE SEATS! One colonel is an airline pilot, experience and training wasn't the issue. Willingness to correct improper actions by the aircraft commander (a captain who seems to have excercised poor CRM--poor or non-existent briefings, failure to follow procedures for a well-practiced emergency situation in the sim, failure of the crew to question him was an issue). One "colonel", the Operations Group Commander has been relieved of command, by my sources.
The C-5 program includes 8 sims per year, plus quarterly local proficiency rides in the plane. Training requires 2 T/Os, 2 Approaches and 2 Landing per month. Each sim WILL include OEI and two-engine out work, we sweated the sim just like any airline guy does. Annual checks in the box.