> Three, they're limited versus voice. Voice has soft and loud and more sounds can be made than variations of hands.
I agree with your first two points, but I have to disagree with you on this third point. Mute your computer and check out the way she provides emphasis in this[1], or the way Lydia Callis signs so expressively[2]. Large motions are like loud exclamations, smooth, slow motions are like a crooning voice, etc. People who sign have a "voice"--a style of signing. Signing without any sort of emphasis or expression is the sign equivalent of speaking in a monotone, and can actually make it harder to understand someone, because these elements communicate a lot of meaning, just as intonation and volume communicate meaning in speech.
[1] https://www.youtube.com/watch?v=9P_4D26hApY
[2] https://www.youtube.com/watch?v=k5w09Po5bLA