I'm not easily drawn into this particular discussion but feel compelled in the interests of safety.
Chimbu Chuckles and JT and many others have posted many very valid, and in my view, technically correct points. I have one to add though I couldn't hold a flame to these guys.
In the event of an aborted take-off, prior to or at V1, depending on the school of thought of the particular airline you work for, and in the absence of auto-brakes, the first action should always be max braking. Start the deceleration, close the throttles etc. etc.
Just my 2 cents from a substantial background in C & T. Not in jets but the theory is the same for mine.
My heartfelt sorrow to all affected.
D.