While it will take a while to review the subtleties of this license, I appreciate that out of the gate they are marketing it as "Source Available" rather than picking a stupid fight by calling it "Open Source".
The fight itself definitely would not be stupid, because words have meaning and by letting marketeers corrupt them we let them make all of society worse. The real tragedy here is that you think linguistic drift for a proximate profit motive is acceptable.
I don’t get the rest of your post either.