May I ask why people still consider V vaporware? Yes, the creator was a little bit too energetic in the beginning and listed all the POSSIBLE things he wanted V

May I ask why people still consider V vaporware? Yes, the creator was a little bit too energetic in the beginning and listed all the POSSIBLE things he wanted V to be able to do, but held none of these promises in practice, but as we see now since the development progressed significantly it was probably just a childish mistake and not a bad intent. So could someone as objectively as possible say why V is still bad/vaporware or even what progress it has made and what is still lacking?