Would a higher percentage of erroneously requested warrants make you feel better?
To me the number indicates one thing for sure:
1) the FISA court approves almost every single request that is issued
Everything else is conjecture. Why? Because secrets. So unless you are sure that everyone involved is competent and ethical then the margin for error would probably seem to be a little absurd. I don't have enough information to evaluate the process. But so far we have seen the following:
From 2001-2007 Bush thought the FISA process too onerous, too public or whatever and choose to create a separate NSA project that surveilled Al Quaeda bypassing FISA oversight by claiming exigent circumstances and Congressional approval through the PATRIOT Act or whatever. He got absolutely grilled because some of the communications were purely domestic in nature and because people did not like the lack of a process. Fast forward to now, Obama apparently got millions upon millions of records (one hearing per company database?) with one approval through this same panel.
I guess Obama's approach is "better" because it adds a layer of oversight and accountability, but I'd really have a hard time calling the FISA more than a rubber stamp considering it has been four years since they denied a warrant and the scope of their approval is so far reaching. So what is the difference between just doing something and asking the FISA court? In practice, it seems like not much difference. I mean we aren't talking about going to the secretary to ask for some office supplies.