As I have been digging further, it does seem that the claims against Dan are overblown. My concerns are more that nobody is answering some pretty basic questions about EMU inflation and equilibrium management algorithms. Closed beta also is discouraging as I can't actually run it, but I have seen posts by people I know that say they have run the beta.
My current feeling is that emunie is real, but closed and sole sourced by a single guy who is overworked and overstressed. His logic of cancelling the public IPO due to trolls, just doesn't make sense to me.
In any case, emunie has no CfB so it is doomed

James