I just did a quick search on that. I had never heard that about the companions, and even the wiki link doesn't mention anything of the sort.
As to eliminating don't ask don't tell, it has nothing to do with the ability of the soldiers, it has everything to do with the personalities of soldiers, especially young soldiers, and the ability of the army to form soldiers into teams.
I truly hope that the authors of this policy are ready to accept the blood on their hands when this is implemented, because it isn't going to be pretty.
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