Nicely done.
I feel like this sets a fairly nice baseline for additional discussion, I hope this shows you that ID is a very viable alternative.

TP seems like an issue for the ID rotation (MNK rotation has 6 extra GCDs), but there aren't many fights that will let you sit and DPS for over 2 minutes with no interruption. We should do additional 30 second/1 minute snapshots to compare. Also would Bard's Army's Paeon solve the TP issues and would it be worth the 20% dps hit for them.

You have higher crit rates overall for the ID rotation 12.1% vs 8.6% for MNK rotation (not including Bootshine) - regular rotation should pull out a bit further if crit rates were more normalised.

Is it possible to reach 1.7GCD with current gear? This means you can get 7 GCDS in 12 seconds allowing you to do a 4xID rotation. If you can't reach 2.0 GCD is it worth only doing a 2xID rotation? Better gear would give you alot more leeway on keeping GL up.