Don't get me wrong, I agree with you on the potential for psilo, for many things in many modalities. In sub-threshold (micro)doses, taken on an bi-weekly routine, it's the most effective mood stabilizer/anti-depressant I've ever used. I have a friend who uses it for headaches and chronic pain, to great success, and ended a long and deleterious relationship with prescription meds with it's help. It's more effective for self exploration and a more accessible route to personal transformation without needing a therapist/facilitator than MDMA, IMO.
I think it's what natty said, I think the establishment is concerned about the consciousness expanding properties of psilocybin, and researchers in their desire to see an effective therapy drug legalized from the current schedule I list are focusing on one with the least hurdles in the way. They use the syntax of MDMA being more therapeutically manageable, with less chance of the patient having a psychologically stressful reaction instead of saying that people will experience an awakening and no longer be as easily controlled.

I hope that MDMA will enter into therapeutic use above ground ASAP, and that will lead hopefully to pilocybin soon after, though, we'll see.
What, if any effects on American society and culture in particular will we see happen over the couple generations
after therapeutic legalization of a consciousness expanding drug like psilo? Anyone care to speculate? (Off topic, I know...)
Sine experientia nihil sufficienter sciri potest -Roger Bacon
*γνῶθι σεαυτόν*