Eliezer won't abandon this fic. If I recall correctly, there is one last arc left after the current one one. Though I would't count on it before next year.
Your suggestions do sound good, though.
If you mean the self-insertion, I think that's not too bad. Yes, Harry's reasoning is similar to Yudkowski's, but that's kind of the whole point of the fic. It's not like Harry is a copy of EY himself.
If you mean being idealized and overpowered, I agree. The only part so far where things went wrong because he didn't think fast enough or consider all the possibilities is in the most recent chapters.
On it not updating often enough: Totally, but up to chapter 96 will be released over the next few days, so you may want to stick around for a little longer.
FYI, Eliezer has explicitly stated that Harry is sometimes wrong and that he disagrees with him. He hasn't given specifics AFAIK.
But I only say that to counter those people - it's indeed a delightful and addictive read. The only problem is that it updates quite infrequently and is nowhere near done - I had been suspecting that it'd been abandoned. Reading 90 or so chapters (at high speed, due to the addictiveness) only to come to a screeching halt and have to wait months for a few more chapters is not that fun!