I like the idea. I actually like it a lot. This notion of being unconcerned with whether or not people know it's Wordpress has been something I felt useful all along. My first Wordpress sites eliminated all traces of "wordpress" verbiage too. I feel it's a bit tacky sometimes. It says "I didn't build this site from scratch, or from the ground up....I installed something and customized it."

I hope modularizing things will come soon. I have wanted to tinker with some public plugins that I'd build, but felt I don't know enough about the right ways. This inspires me to go about it differently, so maybe I'll build them anyway.

As for the inherent problems with the theme security, There's another reason why this may be less of an issue, which was always another reason I'd remove all Wordpress branding from early sites. It's security through obscurity. If hackers don't KNOW it's Wordpress, then they aren't likely to even try. I've always tried to obscure things like the wordpress admin login for this very reason. This sounds like it accomplishes much of the same thing. So Wordpress updates aren't needed so much in that case. Granted, they should keep improving the theme so that WP Core updates do get that opportunity to show up and be done... just that it's not nearly such a pressing issue.

I feel the pain that the author of this theme feels. The admin side of WP is definitely too cluttered and makes way too many assumptions. It needs the ability to be modularized in order to disable what a site really doesn't need. Maybe somebody should make an admin plugin that does this, and then try contributing it to core? It would be best to be able to pair down the entire site so that I can show a client that there's just the main features they need and nothing to distract them or get in the way of just getting right to it....make it easy for them to update their own site so they don't feel intimidated by the massive plethora of features that they don't understand.