Thank you foghorn and A&C, very sobering stuff. This pilot had 10 years experience, but I'm not sure of his accumulated hours, he was a businessman pilot.
It seems to me a pilot who buys a light twin has to be aware of the performance limitations of his/her aircraft on one engine, including the parameters A&C discussed. Buying a light twin is not a decision to be made lightly, especially by a low time pilot. I, like many, also feel that light twins were certified to an inferior standard.
The really sad thing, is this pilot seems to have done everything right (except for not declaring an emergency), with a good showing of piloting skills, up until the point where he decided to perform a go-around. If he had just flown the a/c to touchdown and stood on the brakes, everything would have been just fine, to the joy off all.
At certain times you are just one bad decision away...