BrightScript vs XML: Scenography

So i have been dabbling in making RSG palatable to humans and here is what i mixed up, still a work in progress. This is a re-make of the
EventObserverExample and there is no XML and no subclassing (i.e. no need to create a custom <component/> just to do a trivial job!). All the custom code is BrightScript and main.brs goes like this:

sub main():
  screen = createObject("roSGScreen")
  port = createObject("roMessagePort")
  screen.setMessagePort(port)
  scene = screen.createScene("_scene")
  screen.show()
  scene.setFocus(true)
  scene.backgroundURI = "pkg:/images/rsgde_bg_hd.jpg"

  scene._ingest = {__: [
    { _: "Rectangle", id: "textRectangle"
      width: 640, height: 60
      color: "0x10101000"
      backgroundURI: "pkg:/images/rsgde_bg_hd.jpg"
      __: { _: "Label", id: "movingLabel"
            width: 280, height: 60
            horizAlign: "center", vertAlign: "center"
            text: "All The Best Videos!"
          }
    }
    { _: "Animation", id: "scrollbackAnimation"
      duration: 10
      repeat: true
      easeFunction: "linear"
      __: { _: "Vector2DFieldInterpolator"
            fieldToInterp: "movingLabel.translation"
            key: [0.0, 0.5, 1.0]
            keyValue: [[0.0, 0.0], [360.0, 0.0], [0.0, 0.0]]
          }
    }
    { _: "Timer", id: "textTimer"
      duration: 5
      repeat: true
    }
  ]}

  scene._ingest = {_m: {
    defaulttext: "All The Best Videos!"
    alternatetext: "All The Time!!!"
  }}

  scene._ingest = {_exec: [
"    _observeField(m.texttimer, ""fire"", function(msg):  "
"      lbl = m.movingLabel                                "
"      if lbl.text = m.defaultText:                       "
"        lbl.text = m.alternateText                       "
"      else:                                              "
"        lbl.text = m.defaultText                         "
"      end if                                             "
"    end function)                                        "
  ]}

  rect = scene.textRectangle.boundingRect()
  centerx = (1280 - rect.width) / 2
  centery = (720 - rect.height) / 2
  scene.textRectangle.translation = [centerx, centery]
  scene.textTimer.control = "start"
  scene.scrollbackAnimation.control = "start"

  while true:
    msg = wait(0, port)
    if type(msg) = "roSGScreenEvent" and msg.isScreenClosed() then exit while
  end while

end sub

Yes, this  code works as shown - not a hypothetical construct anymore. The "secret sauce" is in the _scene component, a thin veneer (couple of screens) that extends Scene with _ingest "executor" (a field with observer behind the scene, duh). The (ab)use of underscores is to avoid name clashes with upstream field names. Specifically "_" (roSgNode subtype) could have been named "_type" and "__" (child nodes) be "_children" - but i am a lazy typist and go as short as i can. 

Note there are no turducken issues in specifying the field values in B/S and no confusion! I.e. if one needs an array of strings, one would not end up with

<MyComp messages="[&quot;hi&quot;, &quot;hello&quot;, &quot;world&quot;, &quot;none&quot;]">
<!-- after failing with -->
<MyComp messages="['hi', 'hello', 'world', 'none']"

Note also that nodes with IDs currently get "auto-published" both as scene fields and in `m` - no need of findNode()ry. I am a bit ambivalent about choosing only one of the two - the reason is that the fields convenient to manipulate from main but glacial slow - where `m` variables are fast but encapsulated to the scenic scripts only.

Here is for comparison what the original example looks like (only the XML here):

<?xml version="1.0" encoding="utf-8" ?>
<!--********** Copyright 2016 Roku Corp.  All Rights Reserved. **********-->
<component name = "EventObserverExample" extends = "Scene" >

  <script type = "text/brightscript" >

    <![CDATA[

    sub init()
      m.top.backgroundURI = "pkg:/images/rsgde_bg_hd.jpg"

      example = m.top.findNode("textRectangle")
      examplerect = example.boundingRect()
      centerx = (1280 - examplerect.width) / 2
      centery = (720 - examplerect.height) / 2
      example.translation = [ centerx, centery ]

      m.movinglabel = m.top.findNode("movingLabel")
      m.defaulttext = "All The Best Videos!"
      m.alternatetext = "All The Time!!!"
      m.textchange = false

      scrollback = m.top.findNode("scrollbackAnimation")
      scrollback.control = "start"

      texttimer = m.top.findNode("textTimer")
      texttimer.observeField("fire", "changetext")
      texttimer.control = "start"

      m.top.setFocus(true)
    end sub

    sub changetext()
      if (m.textchange = false) then 
        m.movinglabel.text = m.alternatetext
        m.textchange = true
      else
        m.movinglabel.text = m.defaulttext
        m.textchange = false
      end if
    end sub

    ]]>

  </script>

  <children>

    <Rectangle 
      id = "textRectangle"
      width = "640" 
      height = "60" 
      color = "0x10101000" >
      <Label 
        id = "movingLabel" 
        width = "280" 
        height = "60" 
        text = "All The Best Videos!" 
        horizAlign = "center" 
        vertAlign = "center" />

    </Rectangle>

    <Animation 
      id = "scrollbackAnimation" 
      duration = "10" 
      repeat = "true" 
      easeFunction = "linear" >

      <Vector2DFieldInterpolator 
        key = "[ 0.0, 0.5, 1.0 ]" 
        keyValue = "[ [0.0, 0.0], [360.0, 0.0], [0.0, 0.0] ]" 
        fieldToInterp = "movingLabel.translation" />

    </Animation>
    <Timer 
      id = "textTimer" 
      repeat = "true" 
      duration = "5" />

  </children>

</component>

I'd like to hear some opinions from people that have tried RSG - beginners or advanced. Do i make any sense in what i am trying to do? Does it seem more simple or more complicated than the Co's beloved "xmlography"? Also the m v. fields question. 

My biggest issue remains the lack of first-class function fields in RSG, thus having to pass code as strings to the scene. Also, i haven't touched the roSgScreen main loop - no opinion as of yet if it's helpful to tuck it away (i have the feeling i'll get opinionated when i get to use roMessageEvent observers).