The gist of it is that Mr. Z's hands are tied just now as he's got the Parent Co.'s bosses on him to push what's originally "their" product over others.
That's the news thus far.
You put it much more concisely. But yes, that's it in a nutshell. When he was with RC2, JL was hanging by a constant thread due to that company giving him budgetary decrees. Now we have a new company giving him a new set of hands tied decrees to keep JL on life support. I just don't see the line as anything more than a whipping post to keep fans in a constant state of sweat and a nice tax write off so the numbers come out ahead most years.Sounds to this admittedly newbie that he has nothing to offer
for why he has nothing to offer