I would say discussing point by point would prove fruitless, as we'd inevitably continue to disagree, so I'll just say this.
It says something about the game that your first playthrough (or more) is doomed to failure.
I'll make the obvious time management and life/rpg comparison to Persona. Imagine if with improper time management your playthrough of persona 5 was doomed to fail. No, you might miss some confidants, maybe not max social stats, or get to see all the random mini-games or events etc, but the game stays able to be finished. Removing the collar isn't a real collar. Removing the collar is just a crutch for poorly balanced fights.