I've never heard of that phrase before, so I went to look it up. Apparently it has different meanings to different people when it comes to CVTs. I haven't experienced any of those different issues.
When it comes to accelerating and high RPM, I just don't mash the gas pedal down. By pressing the gas pedal on my car just enough, I can accelerate past other cars without high RPM just fine.
Gas pedal management is definately different with CVTs and other types of transmissions if you want a good driving experience.
And the frustrating rubber-banding.