It's possible to approach composting form a more simplistic standpoint. The listed issues are mostly specific to high density (eg. in a fixed bin) composting. If you spread it out these problems basically go away, and so do the stinky compost labor and purchasing requirements.
replyDo you not have problems with rats and other vermin?
replyNo. What's 'other vermin'? We have plenty of native animals. I see a few of them feeding in the area I distribute organic matter, including (non-snake) reptiles, turkeys, possums, butterflies, native bees, spiders, etc. Lots of fungi too.
reply>What's 'other vermin'?
replyBadgers, foxes, racoons etc. Depends where you live.
Probably should have used a better word than 'vermin'. It sounds overly judgemental.