Your conclusions have the right to life. One remark: XSpec have much more risk than XMR. Monero is a time-tested project but Xspec is a quite dark horse with an unpredictable future and possible huge profit. Every makes own choice in this case.
Exactly. His observations and analysis will most likely make him x100 loses, unless he was the one that made that coin. Actually he might be since his first posts on this forum are shilling spectrecoin. Also the coin dont have security of Proof of Work so ...
Their GitHub showed no work over a year, main developer left the project after being called out on this, was never a plan or paper for stealth staking.
Glad you posted this. Monero have over 400 contributors in their github. It is one of coins with most active development.