What's wrong with a hung parliament?

Many in Government and the City are trying to scare us about the consequences of a Hung Parliament. Should we be worried?
Well, actually we have had one in Scotland since 2007. It has forced the ruling party to seek consensus, and so far, prevented them from unleashing an Independence Referendum on us. Many of the disasters of the last ten years have been because of large majorities:

For example, it would have been hard for the Government to have invaded Iraq if they had a wafer thin majority.
The Labour group in Glasgow City Council was able to set up all these private companies and hand out jobs to elected members, because the opposition could be ignored.

Forcing governments to negotiate and compromise can mean less laws, but better ones.