I would hardly call BECK, FMP! The Second Raid, Rumbling Hearts/KGNE, Spirit of the Past, Tsubasa, Negima, xxxHolic or Tsukuyomi ~Moon Phase~ weak licenses.
Whatever you think of the Gonzo worship: Solty Rei, Glass Fleet, Black Cat or Witchblade, it doesn't rule out the fact that they are picking up some very strong titles, and they are probably the most aggressive licensor at the moment. I also suspect that Solty Rei and Witchblade will be commercially successful for them.
The way the licensing market is now, we are not going to see some of the big japanese franchises over here for quite a while, or at least until the market settles down. I would be surprised to see a big april title announced any time soon, that includes The Melancholy of Haruhi Suzumiya, Nana, Ouran Host Club etc.
Only Geneon is bucking the trend by going for the more niche titles. Titles that until now could only get an audience on fansub. That makes them very unpredictable. Also nobody knows if their strategy is working. i.e. they might stop all that stuff soon.
Theres piles of unlicensable stuff atm. I don't expect a return to the heydeys of 2004. So for niche titles I don't hold much hope for them being licensed, and really wonder why other people expect very niche stuff to be licensed. Its a differnent market now.
As for ADV doing the ADR work for second raid, well I am sure they will charge FUNi accordingly.
I do think that Honey & Clover is one of the bigger unlicensed gems out there too.