As the other poster said, I've never heard your interpretation, and you're being too diplomatic/optimistic in your interpretation (or perhaps too geek/tech focused).
I first heard "fake it till you make it" 20+ years ago in MLM/Amway circles. Never joined, but had known some people involved, and that was part of the schtick in motivational presentations (much like "you gotta be in it to win it" is used for lottery ticket sales). The gist in MLM was you need to present an image of success to your downline, whether you're actually successful (yet) or not. Drive a bigger car, get fancier clothes, talk about your vacations, etc., to give the impression that 'the business' is already providing those things. In turn, people will be impressed, join up, and then you'll 'make it'.
Sick and twisted.
Perhaps there are legitimate other uses of the phrase, but many people have heard it used in that context, and it's the primary one I associate it with.
That doesn't mean you can't do what you're suggesting, but I agree with the other poster, I think you're being too generous. I think the 'fake it' crowd know who they are, and sometimes it's easy to spot them - going to too many conferences, talking/blogging about how great everything is, vs just doing stuff to progress a business.