This thread is officially awesome. It's nothing but various euphemisms for sex (with a pinch of bribery added) and mocking Sean K. Reynolds. I approve.
To be fair, it was written really early in 3rd Edition history.
Third edition was already at least three years old when this was written, because Natural Spell is listed in there. This was written for at least 3.5. The worst overall trend is that crappy skill and combat feats cost 10 points (the cost of a "normal" feat), but most of the five-pointers are metamagic feats and other feats that are useful only to casters. So, the take home message from this system is that SKR thinks that casters need to get more feats for free; the types of feats that make them more powerful. We already knew casters were awesome on 2003.
Getting back on track:
"Tier 5 PCs are overpowered"