So.. What should I actually be doing?

[ReneZ]

It is perhaps not all that bad.

I agree that it is possible that there is no meaning.
However, it was undoubtedly generated using some kind of a system / set of rules.

The general approach can therefore remain the same: to figure out more precisely what these rules are.
Once they are known in sufficient detail, it should be easier to decide whether there is a meaning behind it all or not.

The attempts to find word models of all nature are one component, but the work of P.Feaster, which indicates that there seem to be patterns that are not local, is another.

I have read for many years now, that the first step in decoding a cipher should be to try to identify the language. For the Voynich MS I do not agree with that.
We are too far away from understanding the basic system, in order to find the language.
Right now, all languages are equally wrong.