Excellence vs diversity. Is it really?

In a post for European scientist, FS Labini is discussing the point of funding excellence vs diversity. But is it really? Do we really have to choose between excellence and diversity? Does this mean to imply that funding more diverse type of science mean abandoning excellence to turn towards more diverse but less good science? That is certainly not what is implied by the post. However, the title might be misleading in this sense. I would argue that to the opposite, there is certainly plenty of excellent science to be funded while exploring diversity, as opposed to all those big consorcium planned, lobbied, organised and composed by what begin to look like a feodal system of science in Europe, and elsewhere. Look at the ESFRI for example.