One question that has been basically overlooked and/or ignored by Lubavichers on this thread is why before 3 Tammuz 5754 ALL Lubavichers WITHOUT EXCEPTION were in 100% agreement that Mashiach has to be someone who is alive. Then, immediately after 3 Tammuz it was acceptable to say that Mashiach can be someone who has died? (Is it correct to put the question mark there at the end of the second sentence, when the first sentence asks “why” and the second is just a statement? On the one hand it doesn’t seem right, but on the other it does. Perhaps I should have used a semicolon instead of a period between the sentences. Oh well.)
The truth is, the most consistent view is that of the crazies who say he never died. At least they don’t have to change their original belief.