I think the ideal environment for TfT is players who hunt a lot in general but who behave incorrectly against people who aren't you. I can't hope for those if they're also playing my strategy.
I will say that TfT seems like a good fallback if not the best fallback for exploitative strategies capable of noticing when their strategy is failing. Even if I update my bot today, it will have a "doomswitch" that turns it into a multiway TfT bot under certain circumstances.
BTW, those of you who haven't submitted anything have about 8 hours to reverse-engineer a TfT bot from all these coy hints.