Idiot/Savant No Right Turn - New Zealand's liberal blog
To those who see the advantage of FPTP as promoting rapid change and decisive governance (an argument only relevant to parliamentary systems, and not to the US with its separation of powers) I would ask two things:
But in most multiparty systems--and I think this applies to Germany and New Zealand, as well as Norway (which also just had a very close election)--even the little parties have constituencies that are more fluid at the same time that they have principled policy stances. If such a party demands too much it risks losing voters, possibly to one of the bigger parties, or another small party that is not seen as trying to hold everyone else "hostage."
And if there is only one major party or bloc that the small party can credibly make a coalition with, then it is much more constrained in what it can demand in exchange for its support. Otherwise it risks a very bad outcome for its voters: the seating of a government from the other side.
If there are no obvious counterexamples, I might argue that an advantage of the few-parties-FPTP system is that the party platform is made public in advance of the election, so voters know what they are voting for. In contrast, in the many-partis-FP system the coalition is not decided until after the election, so you don't know what you're voting for.
A current example would be if the German Greens were to join a coalition with the CDU on the right. Would Green voters have gone for the CDU if they didn't have the Green option? Or are they a more natural SPD partner...