I agree with everything you say, except the last sentence. The Vatican's hierarchy means nothing in terms of direct religious importance. If you feel that hierarchy has its benefits, fine, stick with it.
But I'm quite sure that practicing Protestants are just as likely to make it to Heaven. And there are still plenty of them, who have plenty of good reasons for not returning to the Vatican.
EDIT: And if a 'gay' bishop fully repents and sorts himself out, then he should be treated as anyone else. If he does not he should be barred from ever entering a church.
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