Okay, so question: Does the loss of Complication mean that there is now no limit to the number of Setting, Problem, and Resolution cards you can have in your story?
Yes, there is no now limit (except the overall 8 card total limit).
If there is no limit, does that mean you still score a point for each card such that one could (in the extreme) earn twelve points for the cards in their story?
Well, yes and no. Yes you still get a point for each card in your story, but no the max isn't 12 points, it's 8.
-- Andy