1. Absolutely, but it's an iOS-only sharing feature
for a rather limited number of iDevices. I understand that we need to let it grow and slowly replace older methods, and although the market has turned out to be like this, no one likes the 1 year lifespan of smartphones and tablets.
2. Have you tried sending a large video over AirDrop on a Mac? If the iOS AirDrop is anything like its OS X counterpart, you could be standing there for hours to days, depending on the length of the video.
3. Where are all these steps? To send a photo from the share menu you hit (I) Mail, (II) Recipient address bar (III) enter part of a name (and given how fast today's people text each other, entering 1 or 10 letters make no difference once the keyboard is up and running) (IIII) hit send.
4. That I cannot argue with. You're right. (Although I couldn't imagine a scenario where I'm in a rural area and need to send pictures with my smartphone - but that's completely besides the point)
5. Okay, okay, another point for you.
There's nothing wrong with Apple being Apple. It's why we're on this forum, after all

But let's not create up hype from thin air(...drop!
badum tsh).