Junko's Villain Speech this episode was interesting; it's sort of parallel to what I'd thought her thinking was, but in another way it's kind of the opposite. I'd always assumed she rejected Hope as a pretense, which is sort of what she does, but for a different reason. In the episode she says all it does is reinforce the preexisting Harmony (read: social order), that it's stagnant whereas Despair is chaotic and full of possibility. To me that's a bit weird because that's not what I was getting out of the dichotomy between, let's say, True Hope and True Despair; True Hope is a belief in deliverance, that the human condition is fundamentally improvable, and sort of embracing 'the future' and 'unknown', like the end of DR2 shows. Conversely, Despair denies that we can be anything other than what we are, base, somewhat clever animals with impossible absurd aspirations that can never be fulfilled; so why not wallow in it?
I mean part of me think's Junko's spiel is only a half-truth, given in DR1 and 2 she seems to get off, fundamentally, to inevitability, not possibility. Chaos is just a means of reverting human beings to their 'true', despair-filled natures, imo.
Imposter was going to start as Togami, but met Mitarai and struck the deal with him right at the start of their enrollment to Hope's Peak Academy, is my guess. When they were put in the simulator they were reverted to their cognitive state right before they started at Hope's Peak Academy, the whole deal and scenario of him switching identity didn't happen/matter and they just rolled with Togami, maybe.
Either that or the answer is: don't think about it.
He also goes back to being Togami for the events of Danganronpa Togami.