Mimk: It wasn’t my words, it was my Rosh Yeshiva who said it. He is a well known and respected Rosh Yeshiva. He told me it contains every chumrah known in tznius and presents it as basic halachah. He said it’s only good for scaring people away.
I was told that even R’ Falk (who I have no doubt is a tremendous talmud chacham) wrote that the standards are intended for his community, and not meant to provide standards for other areas. His community is known to be far more machmir than almost any area outside of certain parts of Israel.