MFU can certainly be improved beyond 40%, as I mention. But on the point of small models specifically: the paper uses FSDP for all models, and I believe a rigorous experiment should not vary sharding strategy due to numerical differences. FSDP2 on small models will be slow even with compilation.
The paper does not tie embeddings, as stated. The readout layer does lead to 6DV because it is a linear layer of D*V, which takes 2x for a forward and 4x for a backward. I would appreciate it if you could limit your comments to factual errors in the post.