A few thoughts after reading this thread:
-While I acknowledge that this is a community of die hard pool fans, some of who are in the know on certain topics, there is also a lot of third and fourth hand information out there as well as just plain speculation. So while some of these details provided are possible. For example, Earl threatening to expose the promoter for their sharking or Earl not wanting to show up on day three because he felt doomed. Possible, and I do respect the posters who wrote this, but I am treating these as rumors only for myself. For those new here you'll find there are 9 rumors for every 1 set of true events.
-I completely agree with the assessment that Earl has demons that drove him to greatness that could at times be double edged. You can't say "Think of how great he would have been without those demons" because without those demons he might have been a banker or a mailman. The same thing that makes you laugh makes you cry.
-I don't think luck was the deciding factor in a race to 121, that Earl got a lead due to luck and that Efren came back because of luck. I don't dispute that there is some luck in pool, but the assessment that this was all about luck isn't one I can get behind.
So the most likely narrative here is that Earl had a huge high gear, particularly on softer pockets with his break working, and he used this to play some explosive pool and get a big lead. But pressure comes out in some amazing ways, and for him his demons woke up and he started self destructing. Maybe this played out in him getting confrontational with the crowd or perceiving sharking attempts everywhere, but the result is that he couldn't in the moment keep cool and keep focused on the table. Efren was just enough to use these opportunities to creep back into the match.
The fact that he had Efren down and came so close means Earl is one of the greatest. He definitely had a huge high gear. But it isn't fair to say he was better than Efren, because the demons and fumbles are just as much part of his game as the high gear. But he doesn't need to be better than Efren. Efren was awesome. So was Earl. They each took turns winning major events and are both hall of fame. History has room for both of these giants.