So I was thinking of sending it back to Waterman for a nib exchange since it is still under warranty.
In the process of cleaning, I found that the nib and feed can unscrew from the section.

So the non-engineer in me said "Go for it, check the feed channel under the loupe and try to understand how this thing will make it skip"
Very very bad voices in my head ....
So I found under my 20x loupe:
1. the tines are fine and separated with the proper width (wide to narrow towards the iridium
2. the feed channels are way too shallow and narrow
So with the fine motor skills of a dental surgeon, I "operated" on the feed channel.
I used a fine detal tar-tar remover ( from my dental friends) to gently trace the line of the feed channel (just on the surface).
The channels look of a tad widened.
I reinstalled (as in screw it back in with my fine motor skills) the nib unit and it is flowing very well (not like Niagara) but more like any normal pens now.
Initial recovery process indicate that the pen has not skipped a beat in curves, amphersand, vertical and horizontal lines.
Next test will be with a converter and see if the flow is in any way hampered.
So I thought this is going to take up the entire 7/4 weekend of tinkering, now it's done in less than 5 minutes.
Oh the joy of this hobby includes the freedom and courage to fail and it's not just a USA thing, it's global = )
As for breaking the rules, I guess technically, I voided the warranty with this tampering