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I've spoken to the Persona team on numerous occasions over the last 18 months.
None of what you've said is unknown to us.
@Velocio has already pointed out why we're using it and plans for the future.
Mozilla is no longer developing Persona, has moved staff away from the project and while it is still providing minimal support, this is for the existing hosted service (downtime, critical bugs and the like). Mozilla has promised not do decommission Persona this year.
I know people who work for Mozilla. Persona is a dead duck. Now is a good time to be planning alternatives for the near future.