Here's what their webpage says:
> The seals do not experience centrifugal forces, and can be lubricated directly by metering small amounts of oil directly to the sealing surface through the housings, which means that oil consumption can be reduced to levels potentially comparable to that of a 4-stroke piston engine (essentially negligible).
Obviously take all this with a grain of salt. I haven't read any practical studies on this.
It is 2-4X WORSE on Liquid Piston's main advertised claim to fame "lightweight" "power/weight" than many available actual Wankel engines.
And the fact that this is still in development a decade+ later and 7-8 years after I was first vetting them for a hybrid multirotor drone company indicates that your suggestion is correct — they have many nagging and serious not-easily-solved problems.
But the fact companies make normal wankel engines that are better at everything is worrying for them