Your theory on producing a good red with 100%M and 100%Y will probably get you a passing grade in a classroom somewhere, but in actual practice, it doesn't make for a good red.
Each and every time someone pops up and declares that their printer, a model which seems to work for everyone else, won't print this or that or is just plain junk, the same questions need be asked:
What are your rendering intents?
Exactly where did you get the profile you're using?
Moreover, being a veteran wrangler of that very same printer, I can state with some authority that whatever it is that's not working for you, most likely you're the cause of it.
It's not a desktop printer on steroids, not by a long shot. Wide format digital printing is far more art than science and requires the services of a journeyman digital pressman to produce consistent and acceptable output. . Ir's not something you can go out and buy or a set of instructions you can download over the internet. It's a set of skills that must be developed over time, not something that happens merely because you run out, buy a printer, and start pushing media through it. There's lots of things they didn't tell you and you must learn.