N.T. Wright on Justification in PFG

Here’s a quote from PFG about what N.T. Wright says about justification in relation to eschatology and transformation:

[E]ven though Romans 3.21–31 is part of the same flow of argument as Romans 5—8, and Galatians 2.15–21 is part of the same flow of argument as Galatians 4—6, and even though these two larger arguments do develop a view of the spirit’s work in the transformation of character which can properly be seen both as virtue and as theōsis, this does not take away from the fact that when Paul speaks of initial justification by faith he means it as a very particular, specific claim. This ‘justification’ means that, ahead of any transformation of character other than the bare, initial pistis whose whole nature character is by definition to look helplessly away from itself and gratefully towards the saving work of the Messiah, this person is welcomed into the family on the basis of that confession of faith and nothing else. The inaugurated-eschatological assurance which this welcome provides is thus both forensic (the verdict of ‘not guilty’ in the present will be repeated in the future) and covenantal (full membership in Abraham’s family is granted at once and will be reaffirmed in the resurrection). The two dimensions join up in practical ecclesiology: the mutual welcome which Paul urges in Romans 14 and 15 is the concrete, bodily form which ‘forgiveness’ is supposed to take in the present time.

Here’s my questions:

1. Does this statement assuage Reformed critics that Wright confuses “law” and “gospel”?

2. Does this statement imply that that Wright sees justification as both social and soteric?