The reviews are very positive. I agree with Remko Uijlenhoet's comment about the problem with the length of the paper. However, as you correctly point out in the reply, it is not easy to take out whole sections without affecting the flow of the logic of the paper. I suggest therefore that you consider whether there are a few paragraphs containing less important material that could be taken out without affecting the structure of the whole.
Once this is done, and other minor corrections are carried out, this paper will be publishable

The comments have been addressed satisfactorily so the paper is now ready for publication