But Steve, there is no way that the ratio of v(t)/i(t) could be 0.866 -j0.5 because the ratio, v(t)/i(t), at any point in time, is a single real number.
Who says it has to be a single real number. And now you are adding another constraint to the original question by adding "at any point in time."
Furthermore, the ratio would have to be constant before it could be called "impedance", and it is not.
0.5 ohms of R in series with 0.866 ohms of Xc is just as constant as the number 4 is.
I could pass off our differences on the original question, since it has become obvious that the question you asked is not the question you wanted to ask.
However, your conclusion:
Simply put, impedance and reactance are undefined for instantaneous equations. You must use RMS values in a steady state analysis.
is utter nonsense. And you complained about someone else confusing people with their unproven theories.....
Since the impedance determines the magnitude, shape, and phase of the current, is should be blatantly obvious that it also determines the instantaneous values that make up that current.