I have no interest in Canary Wharf College at all. I live hundreds of miles away. My knowledge comes entirely from a brief web search. I am interested in education generally and am an expert in school admissions.
You say I "seem to know a lot about Canary Wharf College". As I said in my previous post, it took me around 30 seconds to find the admission criteria on their website. In total I spent around 5 minutes browsing the web to find the information that went into my last post.
The Faraday School is a not for profit school run by the New Model School Company (which I also knew nothing about until yesterday). It has a Christian ethos but that does not mean that parents are all practising Christians, so many of the children at Faraday School would not qualify for the faith category at Canary Wharf College. Within the faith category Canary Wharf College uses distance as the tie breaker. So yes, if there are parents whose children currently attend Faraday School who are practising Christians, want to move their children back into the state system and live close to Canary Wharf College they will have a reasonable chance of getting a place. I suspect the number of such parents is minimal.
I clearly cannot comment on the public consultation but, as I say, the admission criteria were included in the consultation questionnaire. That doesn't seem very coy to me.
Once it is open the school will be part of the Tower Hamlets co-ordinated admissions scheme. Anyone wanting a place at this school must apply to Tower Hamlets (or their local LA if they live outside Tower Hamlets). They have absolutely no way of "keeping the riff raff out" as you put it.
It is true that the premises they will use were formerly occupied by a PRU. I have not been able to find any information on the PRU and what is happening to it. The implication of some minutes from a meeting of Primary School head teachers I have found is that the PRU was vacating the premises anyway but I have no way of knowing whether or not that is true.