I only see a problem with your theory. The boot time. Even with just sysnand and no colors, triggering menuhax takes a while (1-3 seconds) after the sysnand menu is fully loaded (1-2 seconds more) and then you have the cfw disabling signature checks (1 sec more). So the lower boot time they could have possibly got that way is from 3 to 6 or 7 seconds to menu. They got fully menu boot in 2 and a half seconds quit, impossible for such a setup. And then they have a custom theme.
I don't think they were trying to fool us with the video.
Probably not no, but the point of his post (I was just clarifying for anyone who might have problems understanding him) was that you can't take or trust anything that comes from that team at face value, or as having any real worth to the community. Personally I think it is highly likely that they actually managed to load a CFW from boot on 10.3, but I also think it means little to nothing to the rest of us. We already knew it was possible using the vulnerabilities discussed at the presentation by smealum, yls8 and the rest at Christmas, and nothing in the video or any statements from the team has given any additional insight into their method. In addition the team has a history of developing closed source software and often not releasing said software to the public.









