Me : When I was implementing PST in 2005/06, I wasn't aware of Blue Ocean Strategy. The idea of PST is derived from Accidental Empires, 1993 and Commando, Infantry and Police as a description of companies.
Me : I can guarantee you that PST, as with maps will both be supplanted by better models. No model is ever right, it's wrong just we haven't found out how wrong it is yet. There is no "right" model for organisation, we're constantly learning.