COMPETITION FOR MONEY $$$ (2012)

I've been following the discussion about the cheat and save issue, and I couldn't resist asking a rather bold question:
Are you sure that the sniffer provides the absolute truth, i.e., that its result is 100% accurate and reliable? Can the author, Sir Kirinyale, guarantee that?

Apparently, only those who understand the save file structure can clarify the situation.

Exactly! Specifically, I would like to know: does the game record the use of cheats in the save file in a single byte as a flag (0/1, "cheats were used / cheats were not used"), or is there a separate flag for each cheat to indicate which specific cheats were used?
I'm asking because I used to download and run two versions of the sniffer, and my impression (purely superficial, as I'm a "zero" in modern coding) was that they were made "quickly" and "on the fly." :)
By the way, from the version history:

Version 4.1
----------
Fixed (presumably - until new bug reports are received) a buggy check
for cheating.

So, I wouldn't rely too much on the sniffer's opinion.