Yes.
> They both happen to use the word and concept of "version" but to mean different things.
Right. I think I covered that adequately.
> And vendoring doesn't work for actual packages published to the package repo.
What?
> If they vendored dependencies then every dependency would be duplicated always, defeating the very purpose of a package manager!
Yes. Alternatively:
Please clearly articulate the purpose of a package manager (in the sense of the term when it's used to describe npm and others). See if you can work it out so that you can state it in the form of a testable hypothesis (i.e. ideally in quantitative terms like MBs/GBs of disk space used, or network transit, or time to fetch—or anything that you think accurately reflects what you consider to be the value proposition that npm fulfills and which we can use to evaluate it in scenarios where it would or would not be a good fit).