Well, if the CoC decide that you have gone against any of these then you will be deemed to have failed 'The Service Test'. Its nothing new. It's just made easier to know where the line is now and a guideline to ensure the unit works properly. It is effective when used correctly and most of the time the guidelines laid out in the V and S are there to assist a soldier in knowing where that line is. For example, dont shag the Tp Sgts missus (or at least dont get caught).
Not too sure what you mean when you say 'means to an end' or 'get out clause'. Who for? The soldier or the CoC?
Or are you on about an entirely different Service Test??
The idea of V and S and the service test is to ensure the guidlines are fairly clear to all concerned and should do away with 'ambiguous calls'. Of course, the primary directives can be open to interpretation which is what I suspect you are getting at?
This cynic's opinion is that it's nothing more than common moral decency phrased so that it can be understood by all and capable of being acknowledged by PC-philes that the Army has such documentation in place.