As for Fastboot, it has its edges but there are people using it in production (DockYard is one, if I'm not wrong). ember-engines also says it's experimental and it does have some missing stuff (from my experience) but what is there works well.
Some of the things perhaps needed a rewrite of the underlying architecture. One great thing about ember (apart from v 1.13) has been just how painless it has been to upgrade. All the major changes they have made have largely been drop-in. Getting to that kind of backward compatibility is also a pretty impressive feat considering how big it is.
So, all in all, I agree that some of the things were overhyped and unrealistic but it seems they have learned from it, and I think that's just fine.