I don't know where you are getting your information, but in none of it's printed documentation does Remington say the gun is intended only for 1-1/4 ounce loads on up, and no one I know has gotten that info from Remington. Of course no one I know has contacted them about cycling issues either. When you call on the phone you do not get very far up the knowledge chain at most firearm manufacturers. (The 11-87 was designed for 1-1/8 field loads on up, except for the target models) I haven't even heard of problems with cycling light loads in the VersaMax and I have shot about ten of them. One guy I know shoots 3/4 ounce mouse fart loads and his runs flawlessly, too. I have heard complaints it is too heavy, and that the trigger is not great, and that the fore end feels flimsy to some. Buyers should have been able to judge the weight, trigger pull, and fore end before buying, so I have no sympathy. If one doesn't like it they certainly won't be buying it I wouldn't think.
A lot of people want one gun to do everything. I do not need anything really shotgun wise, I don't especially want a 3-1/2" capable gun, and I haven't yet found a 3-1/2" capable repeater that I didn't feel was too long in the action either. And I do not do plastic. The V3 is 3" maximum shell size, and is specifically designed to shoot light loads reliably was well, and is quite a bit lighter and smaller than the VersaMax. I think it is an interesting concept, and I want to see one in person. In the pictures the wood checkering is not very impressive. They supposedly also have plans for a 20 gauge version.
P.S. - Yes, I have heard some ugly things about that pistol. I am a revolver guy in centerfires and haven't really followed it.