Seriously man, MA is the most overrated guitarists being mentioned here.... I downloaded a song by him entitled 'Yngwie can't touch this'
It was a joke, nothing but repetive shreds (and nowhere near the fastest I've heard). And yes fingerpickers can play just as fast as alternate pickers. I'm sure everyone here has seen crossroads, and they remember the duel at the end where Steve Vai loses to Macchio. Kanengiser did those amazing, lightning speed arpeggios with fingerpicking. Nothing I've heard MA do comes close to that, not to mention thats not his fastest piece. You may not be able to do the same with fingerpicking as you can with a pick, but don't say he can't :). Oh yeah if you look up Eugino Martinez's version of Flight of the Bumblebee, you'd forget about petrucci's version(he uses alternate picking as well).