Two thoughts:
1) If indeed there is a forgery, I believe it is at the level of the page now in the bound book. The HI officials aren’t chancing their signature on less. Thus the OCR-type explanations probably work.
2) The greater levels of concern for Obama, which is why they left this likely red herring out there dangling for as long as they could, are
a) that he was a dual citizen, rather than NBC, by birth, as demonstrated by their taking the care to post about his British citizenship on their campaign website—but not until the week that he was elected. That is the elephant in the room that they’ve got away with by first challenging McCain’s citizenship (and trying but failing to get Congress to pass legislation that would have covered Obama’s circumstance) and since letting the Hawaiian birth question hang overhead (whether or not he was born in HI).
b) the latter circumstances about his life that they’ve taken such pains to cover up as well. I suspect there is some sort of criminal behavior in his using the Obama naming without having legally changed his name back, his activities and time in Pakistan, and/or his committing fraud at various times in his life re: his citizenship, name or such.
That all records that would have included his birth certificate have been removed from FL to CA, NY and Indonesia to me suggests that there is more hanky panky than this document reveals. Also, I wonder, if Obama had been legally adopted by his stepfather, would not, as I understand it, his BC on record have been changed from its original listing of his name and of Obama Sr as his father?
Without in any way knowing, I do suspect that there is fraud with this newly released BC, but I expect it goes to the level of a forgery now in the HI books.
It is arguable he has waived privacy on this. Thus, every time a member of the public orders a certified copy, they heap burning coals on their own heads, if indeed it is a fraud. Every certificate issued would be a felony.
Karl Denninger, a guy who got rich running his own tech company, explained somewhere on his site why OCR does not explain the layering. I will look for a link.