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You have writen “how shall we understand quantum correlations as in EPR-Bohm?”. This is the basic question. If any local quantum mechanics could be possible, it must at the first place to give the local explanation of the EPR correlations !! Of course, the first goal is to exclude the derivation of Bell inequality. But the local explanation of EPR correlations is necessary !! I tried to do this in http://vixra.org/pdf/1502.0088v1.pdf but this needs to be checked. The goal to create the local quantum mechanics is the main problem of quantum physics !!
Your Jiri Soucek
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