I think your underestimating how much it would hurt Trinsic to lose Bugs and those loyal to him, Dreadbane, but ultimately your the King and I'm just an opportunistic thief who happens to be on your side at the moment. One could argue if Trinsic will survive without him and those loyal to him, but I think we all agree his departure would certainly weaken Trinsic, even if we disagree on the finer point of how much. I'm not trying to take anyone's side here, I think both of you have legitimate concerns.
Once again, I would council that you try to reach a compromise, and I think any discussions between you two should take place either in a private chat or in ventrillo. Publicly posting on forums is a bad way to reach a resolution in a conflict because people don't like being criticized publicly, even if the criticism has merit. Perhaps both of you can learn something from each other and help make Trinsic stronger if you discuss your grievances privately and with civility. I don't know if a compromise can be reached but surely it wouldn't hurt to try?