Benny is doing something I haven't seen a lot, which is to just stick the verb for "do" onto whatever word you want to be a verb.

About the "English cypher" issue -- there's nothing whatever wrong with creating a language that's this obviously based on English, but some people can be real purists and will shoot down this type of project because it's not "creative" enough. This may or may not be true, and opinions vary, but it's usually best not to come right out and say "your language is nothing but an English cypher with deliberately obtuse spelling" or anything along those lines. If someone wants to create an English cypher, there's nothing wrong with that. In fact, my most developed and favorite conlang (Tikolmian) is nothing but encoded, somewhat spiced up English with a culture of its own.

Pur la gonell, ne zer se ddiscysion a ren. Arest de aler dan dill zircli.
Genglish verbs don't appear to be exactly "nothing like English", but they are different, interesting and worthwhile. Benny is doing something I haven't seen a lot, which is to just stick the verb for "do" onto whatever word you want to be a verb. The only real-world example I know of of a real-world language that does this is Dutch (open- + doen "do" = opendoen, "to open") but even there it's not universal. One side effect of this is that all the verbs will be regular this way because, essentially, they're all the same verb with different prefixes.
A small nit -- "buukti" looks like it should mean, literally, to read [only] books. Has it undergone a meaning shift to refer to other kinds of reading, or does it really only refer to reading books? You may not have thought this out, but it would make things more interesting if you could. Along the same lines, as you may know, there are kinds of "paying" that don't involve money and having the only verb for "pay" be derived from "money" indicates that the underlying concept of paying in the Genglish culture is tightly tied up with money.
I hope that made sense and wasn't offensive. By the way, if you really want to know how to make a language that's nothing like English (or whatever), here's an excellent (in my opinion) set of resources on it: The Language Construction Kit.
About the "English cypher" issue -- there's nothing whatever wrong with creating a language that's this obviously based on English, but some people can be real purists and will shoot down this type of project because it's not "creative" enough. This may or may not be true, and opinions vary, but it's usually best not to come right out and say "your language is nothing but an English cypher with deliberately obtuse spelling" or anything along those lines. If someone wants to create an English cypher, there's nothing wrong with that. In fact, my most developed and favorite conlang (Tikolmian) is nothing but encoded, somewhat spiced up English with a culture of its own.

Oh, and by the way, this took about an hour to get all the sounds worked out. =)

(And no, I still don't know IPA. It's too hard)

That's all right, I don't (totally) know it either for the same reason (in my case, too hard to find a source of IPA characters that I'm not too lazy to use. :P)

You can use X-SAMPA instead, it's a lot easier -- both to type and to remember.

This is called a light verb construction and they're not uncommon. Korean and Japanese, for instance, make extensive use of them.

There's nothing wrong with it, but there's also nothing wrong with holding would-be conlangers to a higher standard. Calling such a project a "conlang" trivialises the hard work of those who have built up substantial new languages of their own. A cypher-conlang of your native language is the work of half a minute. Let me demonstrate: Çes es meï neü konlaġ. Ônt ʒy emprist? Ʒy ¢od bï! Eï spiant ă huul menet-n-ă-hof on't!

They're right there in your Character Map. It's the work of a moment to cut and paste them.