If you know a O(n^4) algorithm for SAT, I'm sure a couple of people would be interested in your paper.
The 2XSAT reduction is 100% correct (I have been using it to solve small integer factoring problems), the deduction theorem proof still has a small flaw which I think is fixable, and the third part is an ongoing research which is trucking along. I will get there eventually, but if more people would be looking at this approach, then we (humanity) could arrive there faster, that's all.