After going through your post a few times I think I might as well throw my hat in the ring as well.
I will admit that the system takes a bit getting used to and can be confusing, BUT I also found it to be a nice medium between people who really want awesome weapons and people who just want a weapon that might not inherently be included in pathfinder. There are a few issues with the new system that I would like to point out, namely that rogues and there ninja counterparts have a set martial or exotic proficiency, instead they are given proficiency over weapons that can (for the most part) be finessed so that they can be a dex based character like they are supposed to. In this system because they don't have either martial or exotic prof they are limited to either eating a feat or having to stick with simple weapons.
Other than that I have enjoyed the system and plan on implementing it in the next campaign I run with my group.