Zombie thread!
Actually, I have my own particular beef with the current spate of "stack and reach" dogma circulating the triathlon bike industry currently. Drives me to drink!
My thoughts are that what's important are the contact points of the bike (saddle, BB compensated for crank length, and handlebar location compensated for bar reach) and how for in front of the saddle nose is the rider/bike CG. Everything else is designed from that data and the desired handling.