As I know PE theory raised a typhoon for evolutionary scientists that time. The authors were proud of its novelty. I found, however, the punctuation giving abrupt speciation had originated from quantum evolution by G.G.Simpson as well as founder effect by E.Mayr. I don't think the idea of PE theory embodies any originality, I mean, novelty. I am a biologist but not paleontologist by training. I just wonder weather there exist any answer definitive yes or no.. still in debate.