Well explained on the MRI readings! The only things I have to add are that I agree with her also about the Severe foraminal stenosis being a cause of pain. The facet joint hypertrophy is another cause of pain. From my understanding when they word it as they have then there is instability at that point, so if there is when it moves it is likely pinching that nerve further and could also be pushing the cord further as well.
The major thing to take into consideration on an MRI is the results are often better than reality because the spine is not loaded, meaning it isn't bearing any weight which would make the bulges bigger, the holes smaller etc.