The problem is the license tries to say the same thing
at least 3 times, and that results in tremendous ambiguity.
If you wanted to use it commercially and safely, you'd have to spend quite a bit on an IP lawyer with no guarantee he'd give you an OK. In a universe with so many good languages, many with much bigger communities (in part because of the license), with well understood and often tested in court licences, it's a non-starter.
The intent is fine, everybody's code will run on your port, modulo bugs, and is plainly stated in the last line of the licence: “Thou shalt not break the spec” It's the execution by someone who's a computer scientist, not a lawyer, nor very familiar with IP law.