There's always the possibility of challenging conventional views of physics, quantum mechanics and such. Vern, unlike 99% of the people who come along with alternative hypotheses to the standard view, actually seems to know what he's talking about and understands the conventional view. It also seems like his own hypothesis is incomplete and untested at present, but who knows, maybe he's right. I'm obviously not qualified (yet) to discuss this stuff, I'm just a beginner when it comes to QFT, String Theory, etc.
Perhaps the original question would be better phrased as:
"Give your best argument against the view of matter being composed of photons." That would leave open the possibility that matter is indeed composed of photons, while allowing people to present arguments for why they think this is highly unlikely.