Flatfrog said:
Speciation itself has also been observed

.
http://www.talkorigins.org/faqs/faq-speciation.html
((Section 5 details instances of observed and recorded speciation, such as in planets and insects. Problem is, so many people think as you do('it's too slow to be observed'), and already feel existing evidence is convincing enough as is, that we don't have many scientist actively
trying to observe speciation further XD
there are also some more cited examples here http://www.talkorigins.org/faqs/speciation.html))
Thus my reiterated statement that evolution is still not a theory. ((though you do express the view most people use these days, it is itself still incorrect))
Of course, when I say natural selection is the theory in question(or that 'theory of evolution' is just slang for natural selection), that is itself also an oversimplification, as NS it's only one mechanism of evolution (others being for example genetic drift), all of which ARE indeed scientific theories.
However, the above over simplification leads to less confusion than the one most people currently use.
By grouping these different mechanism theories under one umbrella you could indeed slap the label 'theory(theories) of evolution' on them, and make confusing/easily misunderstood statements about it being 'both fact and theory' to people you discuss it with, but my whole point has been that you should not, because that's not actually what they are and (exactly as you point out in that last paragraph) it invites infuriating misunderstandings that can so easily be avoided by just not even opening that semantic can of worms in the first place.
((It's been kinda like saying 'man, this seat is ice' to mean it's very cold, and then someone starts arguing 'no, its metal', and instead of saying 'nah man, I mean that it's very cold', you start instead arguing that it is 'both ice and metal', or that it is ice under the 'street' definition of the term yo, eventually resulting in a world wide debate over the existence/non-existence of ice

))
Yopaz said:
But I enjoy being able to share this tidbit/ having the ol' 'evolution' conversation now and again :X ((in moderation ofcourse... so I can understand that if you've been replying in this thread to a few others beforehand that you might already be tired of the subject

))
You seemed to have been getting a little grumpy (I apologise if that was my fault), and have edited your post now, but did you find the answer to your question on your own and 'get' what I've been pointing out?
I guess it was indeed semantic, but in this case semantics are the source of the misinformation/frustrations, which could easily be avoided by just 'changing tactics' in how we name/discuss it.
I kinda have this deluded hope that if I can explain it to enough people we can nip that misunderstanding in the bud, ((since lets be honest, it's
absolutely no wonder why people think evolution itself is the theory when so many go around saying 'the theory of evolution', such a totally misleading slang.))