You are correct.
I've dealt with, and met him. He made the shuttle stuff on the super cheap, and lagged on the timeframe. Seems like a great enough guy, with great craftsmanship, but the timeframes he gives always seem to be a problem. I think even his friend told me that about him, and I doubt Matt himself would disagree. I sent my greatest local race homie to him, he took his whole fucking car to Matt, and then the timeframe fell off. Well, we both have our stuff, and the product he makes is excellent, but his timeframes are always fucked, so yeah, he IS the new hotrex.
Just as with hotrex, you'll get what's eventually coming, but unlike hotrex, the product will be flawless. I think without this timeframe issue he'd really have something going for himself. If you need him off'd however, PM me.