it says QS/QL glitches and Borley Timer Abuse are not permitted. But without any punctuation does that mean only the QS/QL glitches, or all major glitches?

In spirit it's essentially glitchless/NMG. You are allowed to hold text on the horses at the Alessa fight to pause IGT because it's an in game action, however, and you're also able to shorten the footstep sequence in church by entering and exiting the doors, although sometimes it just doesn't work and you end up rolling the dice and hoping you get the cycle right.