Have to disagree with you on, well, several points here.
Heuristics in Heuristics and Biases are only descriptive. [...] Heuristics in Heuristics and biases are defined as having negative side effects.
If your claim is that heuristics are defined by H&B theorists as being explicitly not prescriptive, in the sense of never being "good" or "useful," this is simply not the case. For instance, in the opening paragraph of their seminal 1974 Science article, Kahneman & Tversky clearly state that "...people rely on a limited number of heuristic principles which reduce the complex tasks of assessing probabilities and predicting values to simpler judgmental operations. In general, these heuristics are quite useful, but sometimes they lead to severe and systematic errors." Gigerenzer et al. would not necessarily disagree with this definition (they tend to define heuristics in terms of "ignoring information" rather than "reducing complexity," although the end result is much the same), although they would almost certainly phrase it in a more optimistic way.
...nor probably could you even if you tried. You could not intentionally reproduce the pattern of cognitive biases that their heuristics allegedly cause, many appear to be irretrievably outside of conscious awareness or control.
Representativeness, one of the earliest examples of a heuristic given by the H&B program, is certainly used in a conscious and deliberate way. When asked, subjects routinely report relying on representativeness to make frequency or probability judgments, and they generally see nothing wrong or even really remarkable about this fact. Nick Epley's work also strongly suggests that people very deliberately rely on anchoring-and-adjustment strategies when making some common judgments (e.g., "When was George Washington elected president?" "Hmm, well it was obviously some time shortly after the Declaration of Independence, which was in 1776... so maybe 1786?").
Fast and Frugal heuristics, however, you can learn and use intentionally.
One can certainly learn to use any heuristic strategy, but for some heuristics proposed by the F&F camp, such as the so-called fluency heuristic (Hertwig et al., 2008), it is not at all obvious that in practice they are utilized in any intentional way, or even that subjects are aware of using them. The fluency heuristic in particular is extremely similar to the availability heuristic proposed decades earlier by Kahneman & Tversky.
Descriptive F&F heuristics aren't evolutionary quirks.
I'm not sure what you mean here. If an "evolutionary quirk" is a locally optimal solution that falls short of a global maximum, then the heuristics described by both H&B and F&F theorists are most certainly "evolutionary quirks." The claim being advanced by F&F theorists is not that the heuristics we tend to use are optimal in any sense of having maximal evolutionary adaptedness, but simply that they work just fine thanks. Note, however, that they are outperformed in simple inference tasks even by relatively simple strategies like multiple regression, and outperformed in more challenging prediction tasks by, e.g., Bayes Nets. They are decidedly not globally optimal.
...besides the obvious that Fast and Frugal heuristics are "good" while heuristics as in Heuristics and biases are "bad".
This impression is entirely due to differences in the framing and emphasis employed by the two camps. It does not represent anything like a fundamental distinction between how they each view the nature or role of heuristics in judgment and decision making.
Heuristics in Heuristics and Biases are only descriptive. [...] Heuristics in Heuristics and biases are defined as having negative side effects.
If your claim is that heuristics are defined by H&B theorists as being explicitly not prescriptive, in the sense of never being "good" or "useful," this is simply not the case.
No, no, that's not what I'm saying. The claim that heuristics have negative side effects does not entail a claim that negative side effects are the only characteristics they have. The 'side effect' terminology mi...
This came on the nyc list, I thought I would adapt it here.
Cognitive biases have names. That's what makes them memetic. It's easier to think about something that has a name. Though I think the benefits outweigh the costs, there is also the risk of a little Albert: a concept living on after the original research has been found to be much more ambiguous than first realized.
There are many errors that are possible with respect to named ideas, and despite being studied generally scientifically, cognitive biases are no exception. There is no equivalent to cognitive biases as the Académie Française is to French.
Let's describe some. Here they are: