I found the article fascinating. It is fairly technical but it is written about the work of a group of scientists who are trying to determine the function of oligosaccharides in human milk. They have found out very interesting results and the general tone of the article is that breast milk is an amazing substance that has evolved along with humans, and we know very little about how it actually works. Definitely reinforced my view that there is no way any current formula could measure up.
As an aside, I find it ironic that the cover of a magazine for chemists can show a nursing child without controversy but if the same cover was on a mainstream parenting magazine, it would cause an uproar.
ETA: Their findings very much reinforce the idea that even just one bottle of formula will change the bacteria in the gut and could cause problems.