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Definitely. With current events I'm just struck more then ever at how weak some of these structures are.... to the point that I question it totally.
TBF I have also tried to brush up on some of their weird as fuck alt right (and some extreme left) sites/posts. And the thing that strikes me is that many seem to use these lables as tribal identifiers, rather than really believing chapter and verse.
Asides from the horse shoe / circle* I'd echo everything you said.
*I think the more you look at people's views on a range of policies the more you find they tend not to follow this traditional linear idea of political views. See Tories and farming subsidises, etc.