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If one is using so many $5 off coupons in one day, and if (like most) there is a limitation printed on said coupons, then one is theoretically (or at least morally) fraudulently using them.

No such limitation for this transaction.

One coupon per paper, so multiple copies of the paper must be used. People have been prosecuted for theft for taking “free” papers, on the grounds that they are intended to be free for all, rather than glommed upon by a single individual.

The coupon inserts are from tossed away newspapers or purchased online. Next objection.

If, in compliance with normal coupon limitations, ONE per purchase (often even one per person per store visit; or even per day), how much time and gas money is wasted going from store to store, and standing in lines?

One purchase can include multiple items aka transactions.

I’ve also noticed many times, theough that doesn’t seem to be the case in this specific instance, that very often even a ‘large’ discount coupon for a major brand product leaves it still more expensive than the store or lesser known brand THAT HAS THE SAME FORMULATION.

Not when I buy the stuff. ...One final "ethical" objection, please.

In the warehouse, there were times that product was relabled, to put together an order for a store-brand customer, rather than set up a custom label run.

Nothing to do with couponing. The ethical problem in that case has to do with that warehouse not with The Coupon Whisperer nor his Couponeers.