Rolling up data into a single report, CRMOD just cannot do it?

So far as I've learnt, CRMOD is unable to do reports such as this and I'm hoping someone will correct me as I find it to be quite a crippling deficiency in terms of flexibility in delivery reports that clients want.
Take this example of an ERD:
http://img215.imageshack.us/img215/1574/erdg.jpg
Portfolio would be a Custom Object 1, Account Allocation and Financial Info would be Custom Object 4 and 5 let's say.
Portfolio to Account Allocation is a many-to-many relationship, hence the intermediate Account Allocation object which also has fields of its own.
As far as I know, I will not be able to report on, an aggregate of all the financial info (e.g. SUM of a currency field in Financial Info) of all the accounts associated to a portfolio. Because of the way CRMOD reports tries to make a link between ALL objects in a single report, putting all 4 together won't work since Financial Info is not in any way linked directly to Portfolio or Account Allocation.
I know I can link Portfolio to Account Allocation and Account (with the metric from Account Allocation), but then I cannot bring in Financial Info at the same time.

I am aware of the Portfolio object in the GWM vertical, I was just using it as an example entity to show how the relationships are. :)
I've used Combined Analysis many times before, but it will not help for a situation like this.
But yeah, just seeing if any new workarounds to this have come up recently. Personally I find this to be one of the biggest deficiencies with the CRMOD reporting engine.
It would be great if they would just provide an option to write Oracle PL/SQL code to pull data out from tables ourselves sometimes, then we can specify our own INNER/OUTER joins haha. :D

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