I have spoken to J Axer, and while he is legally obligated not to divulge details over the company, he told me in more or less words that it was the worst company he has dealt with in the industry. Akin to a meat grinder.
That's pretty much every industry in a nutshell really. You have people who work there and like it, those who put up with it and don't mind it, and some who can't stand their conditions at all. It all depends on their personal tastes and how they felt they were treated.
But that's not really the problem concerning Sonic's overall quality. The comic suffers mainly from having too many "cooks in the kitchen". You have Ian writing down a basic storyline, Mike and Paul's contributions, and both Archie and Sega to overlook the final project to top it all off. What works for one person might not work for others, and considering Sega's tighter grip on the series now-a-days, most stuff we want to see probably won't happen because it doesn't fly well with them.
If they were to give the license to another publisher, they would have to fallow their conditions to a tee as well. And since SatAM is no longer the direction which Sega wants to go, it most likely won't have anything to do with it.