Clever analysis and exploitation of two known flaws to blow the previous state of the art solution out of the water?

Without any offense intended, this article is basically canonical Hacker News; if you see fit to complain about it, you may not enjoy your stay here.

It depends on your definition of "properly," since SMW coincidentally also has a massive shortcut (the Star Road) that lets you beat the game very quickly without bending the Matrix. A TAS of such a playthrough is only 10 minutes.

There's also a TAS of 100% completion playthrough of SMW's 96 exits, which takes considerably longer. (about 1.5 hours)

There's a TAS style for every person. :)

This isn't about beating the game in 3 minutes. It's about exploiting a bug. Not just fiddling with code either, but actually doing it through the game itself. That's what makes it really interesting to see.

You can find plenty of non-exploit speed runs if you prefer them. If you don't like this kind, might I suggest not watching them?