No CP, No Problem

The bubble seems to have finally burst.
All the hype built around the CP factor has finally come unstuck. Apparently irritated by the over-exuberance of students in one of the sections, the professor finally let the cat out of the bag. Excessive CP is unnecessary since it does not affect grades too much. The CP grades for everyone lies there and thereabouts, and excessive CP does not translate to a huge difference in grades.
Now, that comes as a huge relief for some of us who are not very aggressive when it comes to cutting the prof’s lecture to pop an arbit question.
Putting it in an economist’s jargon, the CP elasticity of Grades is very LOW.

Addendum: Apparently CP does matter, and more so during the electives. Since this info came from an alum, there is no doubting it. But atleast, it isn't as bad as the hype built around it.