The provenance of the photo in question remains elusive.
I think when both the McDonald’s CEO and one of the world’s largest meat producers confirms it’s chicken meat from a plant in China, it’s not very elusive. Then once you combine that with the fact it looks just like mechanically separated chicken as well, it’s fairly obvious what it is and it becomes far more of a stretch to call it a “hoax” picture.

If it looked nothing like actual samples of mechanically separated chicken, then I’d agree with you. But, it very much does look like a confirmed sample of it as I’ve shown. It’s also no mystery to me why there isn’t some official credit for the photo, most of the industry is very opaque.
It’s still a lot more than ground meat at that point.
No, there’s not. Just stabilizer and flavoring. And, that’s beside the point… As I showed you, industry adds stabilizers as well and certainly doesn’t mix it in by hand like he did.
Actually, you said “while the industrial pink slime is far more refined than the homemade pink slime (as one would expect), they share a very similar consistency as well.” I do not think they share the same consistency, which is why I replied.
Read my quote again, I didn’t say it was the “same consistency”, I said it was “very similar”. But, once again, we’ll just have to agree to disagree there as well.