[Nyororin]

People are somehow missing what I am saying.

I`m NOT criticizing it because it doesn`t teach the reading at the same time. I`ve never commented on that part of it at all.

I`m criticizing it because A) It ignores the actual rules of Kanji. B) It makes up etymology that will screw you up in the end C) It uses definitions that seem to be randomly picked from a dictionary and that often aren`t in use.
Is it a "good" way to recognize some Kanji? Maybe so. I know that I actually remember some of the more offensive stories (although I hear these days the new version uses less offensive versions).

That doesn`t mean it will offer long term benefit once you get to the point that you actually could figure characters out if you REALLY knew the rules. In fact, using the method does indeed make it close to impossible to look up a new Kanji in a normal dictionary as he splits them in a unique way that doesn`t go along with any of the rules actually used by anyone else.

MAYBE MAYBE if you SERIOUSLY stick with it and finish it 100% you might find benefit, and can possibly overcome the weird handicaps you`re going to have from using the method.

Sadly though, I have yet to meet anyone who did... Just a lot of people who get incredibly frustrated once they realize that it isn`t going to actually help them with Japanese language - only sight reading of some kanji out of context.

Of course, if your only goal is to say "I can read *insert number* kanji!", and communication/comprehension is way down there on the priorities then go for it.