Just to play the devil's advocate with the overall sentiments you've shared; many if not all of you have neglected to acknowledge that Lloyd clearly explained in the trailer that he decided to release the effect following an overwhelming demand from comments on his Instagram post.
Is it really fair to criticize someone for publishing something that was in such abnormally high demand? It's completely his choice and I trust in his character to only release something he felt was a nugget worth sharing. I get that maybe none of you were the ones directly asking for it, but at least be aware that it was sold because it was asked for by loads of new and existing customers.
With that said, I think you've made an excellent point Obrien... Two weeks isn't much time, and it contradicts what is often encouraged from successful magic creators; to always give an effect time to grow and mature through (ideally) years of refinement. But who knows, perhaps he's been working on this effect (or elements of it) for much longer than it appears.
As for the quality of the idea, I think its a brilliant and captivating effect. Simple, direct, and easy to mold to many performance styles. Not sure where all of the hate is coming from for this particular effect in comparison to everything else E has published in the last few years. Seems a bit random to be honest.