Well that in itself isn't surprising, a lot of security experts come from a less than an unimpeachable background. In all honesty that's the least dubious thing about the entire affair. It's the exploits themselves which people should be focusing on.
All we can really do is wait for AMD to say something - hopefully it is an unambiguous statement this time. Anyone else can only really say yes its theoretically possible or shoot it down entirely in flames if its complete nonsense at a technical level - actually putting it into practise to test would require a lot of time and expertise.