Pretty much how I see it except I don't agree with this part:
until I see some concrete action and commitments on his behalf, I won't believe anything he says
Even if he did that I wouldn't believe it. With the damage he has already done to his credibility, it would take years to believe anything he says (and likewise for Ned). Whatever sort of "concrete action" or "commitments" he might undertake in the short term I would view as being a manipulative trick or convenient-for-Justin position-of-the-day until proven otherwise.
RE: Open letter to Justin Sun and the STEEM community