Skirting Hidden-Variable No-Go Theorems
  It is observed that the proofs of hidden-variable no-go theorems depend on the `projection postulate,' which is seen to be contradictory with respect to spin operators in directions orthogonal to the magnetic field direction. In this light it is argued that it is less costly to abandon the projection postulate than to abandon locality and this in turn renders Hidden-Variable No-Go Theorems evadible. To buttress this point, a local realist model of the EPR experiment which ignores the constraints of the projection postulate is presented. 
A. F. Kracklauer