So I did a little more math. This time, I wanted to compare the percentage results of the ARR Scholar and EW Scholar data with actual modern day savage clear data. Now, I will preface this by saying these numbers aren't super clean, because all I did was locate an example of a 99% parsing Scholar, take their DPS, which was recorded at 7655.8 damage per second, and figure out what 80.6% of that was for the ARR Scholar data and what 58.9% of that was for the EW Scholar data. The idea is to imagine how well the ARR kit (if scaled up to have the same total damage output as modern day scholar) would do using only their DoTs and not their ruin spell, vs the current EW Scholar who used their Biolysis and 22 Broil IVs to match. This means we have to assume both these kits would be using the same amount of Energy Drains, Auto Attacks, and most notably would reap the same benefits from raid buffs. So take this information with a grain of salt.

ARR Scholar would achieve: 6,170.6 damage per second managing just their DoTs and never casting Ruin.
EW Scholar would achieve: 4,509.3 damage per second in the same amount of casts between proper Biolysis management and Broil IV.

By searching through other recorded clears, the ARR Scholar would have a blue parse somewhere between 65% and 70% which is fairly decent. The EW Scholar would have a grey parse somewhere between a 3% and a 6%. Now, at the end of the day, a clear is a clear. I'm not going to rain on someone's victory, nor will I rag on the grey parser's performance. But if there's a question of who's more likely to cause a wipe, it would be the EW Scholar in this exercise.

Again, these numbers are rough and should be taken with a grain of salt. But what I think we can say is that despite only having 2 DPS GCD actions, the EW Scholar needs to DPS considerably more often than the ARR to perform as effectively as the ARR Scholar if the ARR Scholar can manage their DoTs effectively. Though consider that if the ARR Scholar were able to properly benefit from raid buffs, they'd actually perform even better dumping all those DoTs into each buff window, meaning they could get even farther without ever touching their filler DPS button.