Of course I wouldn't suggest that you get the best of both worlds — it's clear that you don't. I'm just saying that there's no base for outrage here. (And the status of the railroads themselves, as opposed to the ATOC, is only partly relevant here.)
IMHO the basis for outrage (if you want to to call it that) is that the privatisation is shown to be somewhere between problematic and "not in the public interest". It's a relevant topic considering the current UK government's goals, and the extent to which they are connected to people who stand to benefit from privatisation.