I'm not sure 'bold' is the right adjective. If they analysed their situation correctly and 'selling D&S to Microsoft' was the correct solution then it doesn't say much for their faith in their own development and business.
To me it seems 'cowardly' but I'm maybe vesting too much desire in seeing a once great European company and an open (mostly) OS succeed against US mega-corps and the harvesting of their customers. All along we heard about the plucky Finns and their 'sisu' which seemed to disappear when Elop arrived. Whether that was Elop or the boards doing, it doesn't really matter. Onward.