Weaknessed of 2WTL

Two Ways To Live has been my gospel tract / gospel outline of choice for years. I regularly give it out, we have it available at church and we'll be using it prominently on camp.

Yet, recently I've heard some criticisms of it:

(1) It can seem rather complicated and a bit much for non-Christians

(2) It emphasises head-knowledge of the fact of sin without being affecting and giving much sense of the great horror of sin etc.

(3) It seems Arminian by presenting us with a choice without speaking of the work of the Spirit and the need for God to have mercy on us and regenerate us if we are to make the right choice

(4) It implies that we become Christians by praying a prayer rather than repenting, believing and being baptised

What do you think? Are any of these criticisms fair? Have you heard any others?

Is there a better reasonably complete brief gospel outline available?

For myself, I'm not inclined to criticise such a brief tract for its omissions unless they are really essential and I reckon we could argue about emphasis untill the cows come home.

If I were asked to sum up the gospel in 4 words (conveninetly) I'd go for "Jesus Christ is Lord". But if were allowed 6 pictures, I think I'd still go for Two Ways To Live.