Earlier quoted context omitted.
The present tense is fine in this case. The author means “composed of” and “consists of” are better phrases to use in general (i.e. according to style guides), not were better phrases exclusively for use on his Wikipedia project. We know this for sure because in the “Quotations” section the author says that he changes “comprised of” to “composed of” or “comprises” in quotations under certain circumstances. He is not…
I'm pretty sure it's a joke: those were better alternatives but they're equally valid now and it's time for the author to let the language change and move on.
For this reason, I thought his “ATM clout” statement meant the opposite of what he meant.