Firstly, yes, this article was pretty exaggerated. That said, as far as releases go, Elemental's was fairly far on the buggier side, no doubt about it. However, it wasn't nearly as bad as this article was making it out to be, and patches have been rolling out pretty quickly.
On the other hand, the article also didn't touch upon the game's extremely underdeveloped gameplay. They are right that this game really needed a couple more months of beta testing, as it is still in a rough state when both the technical and gameplay factors are considered.
My biggest problem with the article is the quote he took out of context.
Qt3 isn't just some random site. It's my home away from home. And Ben Sones isn't some random forum poster, he's a friend of mine (FB friend and all) and when he called v1.0 an "early beta" I admit, it ticked me off and I snapped back. I shouldn't have said it and I regret saying it, but for PC Gamer to take that comment without any context and put it out there is completely wrong imo.
Think how many posts I write in this forum - just THIS forum. Now, imagine if someone decided to data mine every comment I have made. I am sure you could find something terrible in there.
There was a link to the thread in which this post was taken from, and it still looks just as bad in that context. There is absolutely no context in which that statement would look good.