1. Programming can't be learned in a few weeks. You need the freedom to play with it. To experiment. Boot Camp doesn't exactly inspire that.
I do believe you can be marketable within a year though.
2. This is about selling papers, certs. Just like colleges are most just about selling diplomas now.
3. What you learn there, you can learn online, for free.
Of course, you won't learn collaboration and all that (except on soureforge or someplace) but not really at a bootcamp either. That's what a job is for.
4. Pumping these students out suggests there will be soon a glut in the market. There is only so much software needed in the world. Other than games, there isn't the same demand for big, constant changes (maintenance and adhering to law changes notwithstanding) in all markets. Not that a bootcamp gives one the experience to touch old/big/production systems anyway.
5. This will end badly.