@ Sinbad
Obviously I don't have access to his telemetry or his pit radio (which I believe the FIA do, and may be more telling), so my opinion is based on external and on car camera replays.
To me it looks like he went in a bit hot trying to recover the missing tenths, go on the marbles/dirt/oil off line, and as such took the wrong line into Rascasse. Then the rear of the car stepped out, which he corrected, as seen by the second or so on opposite lock. An F1 car can slide for a (relatively) long time on opposite lock (see Schumi at Monaco '96 in the wet), and it wasn't, as seems to be the opinion here, just steering straight.
An example at this point, both repeatable in LFS, on public roads, and in racing cars. Today was wet here, and I had a couple of things to buy in town. So off I went in my trusty hairdressers car to get them. My front tyres are very very close to illegal, and they were the cheapest (read: hardest) tyres I could get when they were new, I don't want too much grip cos that's boring. My rear tyres are in better condition, but roundabout antics, even in the wet, quickly overheat them to the point where oversteer occurs very very easily. So I had a play (and did a lot of testing the feeling I get solely through the steering wheel whilst understeering for use in the 'I can't feel LFS understeering' threads). A lot of my powerslides (not drifts) were controlled by steering straight - any more opposite lock would have caused me to overcorrect and not hold a 80m slide.
Anyway, back to F1. After correcting the slide you can see Schumi apply full lock to get round the corner (still trying to scrub off speed, and locking the unloaded wheels), but ran out of room, and came to a halt next to the wall. At this point I personally believe him to been making a genuine mistake.
He subsequently stalls the car, either because of an electronics fault, poor clutch control (unlikely), or perhaps a myriad of other reasons. But I still don't believe he'd stall there on purpose.
Thus, I believe Schumi is innocent. The FIA couldn't win either way imo. If they did nothing everyone would have said 'Bah, the FIA love Ferrari', and if they did what they did they ruin a motor race, and (again, imo) give an innocent driver a penalty.
On another note: Did anyone notice that Alonso nearly beat Schumi's time despite the yellow flags. I haven't seen Alonso's splits, but to back off and still get within a hundredth of Micheal's time he must have had a STORMING first part of the lap, and surely that would have been noticed by now? So why isn't Alonso penalised for not lifting during a yellow? Wasn't Senna penalised for not lifting at Spa in '92 following an accident?
Finally, did anyone notice the poor standard of driving today? So many of the 'second rate' drivers where have several stabs at turning the car in, as though they were turning in too early and having to correct before having another go? I'd watched a LOT of Monaco GP's, and I've never noticed this habit before. Maybe it's a car trait (low front downforce, and thus the car needs to be forced to turn in), but to me it looks like simply poor driving.
And thus ends Tristan's Analysis of Monaco Qual '06 (for now).
Edit: Becky - Not EVERY race. They missed a few due to strikes and diagreements before, even in the sponsership age. I doubt they'll pull out tomorrow, but it has happened before.