Yes it is. The only thing that would be worse would be a book analogy.
Oh my. Let's talk about cars instead. Car analogies rule.
No they don't, since they doesn't deal with derivate work and shared copyrights. What's so difficult to understand? Amiga Inc is *the sole owner* of Amiga OS. Period. Hyperion owns the various additions and modifications that turns it into "OS4", additions and modifications which are *utterly useless* without Amiga Inc's IP. You could say that Hyperion owns the components they have contributed with, but it would be a blatant lie to claim that Hyperion owns OS4 (or Amiga OS). And this is the topic of the thread - "Who owns Amiga OS?"
"The IP", i.e. the product that the buyer of said IP can't name, modify or sell to end users? Correct, Hyperion can't control that. I don't think that bothers them too much.
The "settlement" contract is between Hyperion and Amiga Inc, and no-one else. I'm sure that what any potential buyer is interested in, is the IP assets, and *not* the actual company "Amiga Inc", which is the one with that agreement with Hyperion.
Amiga Inc owns "the software" as well as the trade marks, etc, this is a well known "fact" (at least it's even acknowledged by Hyperion). That's what a buyer will take home, and simply leave in "Amiga Inc" what they don't want. I'm sure that Pluritas has all the papers in order. This is what they do all days...
I.e. indefinitely.
No, for the duration of the contract between the two entities. This is the difference with a *contractual loan* of IP, and *actual ownership* of IP. Ownership *does* matter!
That's just bogus. Obviously, Amiga Inc can only sell what they have
Yes, which is *all* the Amiga IP (except Hyperion's OS4 add-ons which, frankly speaking, I think everyone can live without).
rights to the IP which are licensed exclusively to Hyperion (e.g. the trademark "AmigaOS", the right to modify AmigaOS sources etc.) can not be sold to a third party.
Again, the "loan-contract" (for it is a loan, not ownership) can only live as long as the entities who signed it is alive (or it's revoked in another way). This is the difference between loan and actual ownership, which is why *it does matter* who owns the IP.
Sure, Amiga Inc has agreed that *they* won't sell Amiga OS to end users, etc, etc. And after the company "Amiga Inc" has been successfully dissolved after the interesting IP has been transfered, I don't think anyone will have to worry that they will...

Some people sees the settlement as a victory for Hyperion. But what have they won? The right to sell a few hundred OS copies to the few X1000 owners that potentially will be here some day, as well as Sam 440/460? Not very exciting, and hardly worth the legal struggle they went through. Amiga Inc is the winner; the only thing they "lost" was the "OS4-addons". And frankly I don't think they will lose any sleep over that. They finally ended the legal struggle that postponed the sale of IP, which probably has been their goal for a decade now...