The question is, can they have their cake and eat it too?

It is a strong endorsement. The question is: How relevant is it? Someone who was on the 3 rd Circuit for a decade and a half and has done a good job is likely to get this rating.

The question is how high the liability shield needs to be. I think 'willful misconduct' is too high. We usually use some kind of negligence standard in these situations. It would be very unusual that you could prove that intentional misconduct had happened.

You can't have your cake and eat it too

Let them eat cake.

They clearly want to have their cake and eat it, too.