I had thought this was too obvious to bother pointing out, but no, root exploits are not a good thing. The reason phones use kernel sandboxing is to allow users to install apps and have confidence the permissions granted mean something. A root exploit means any app or update you install may turn the phone into spyware, a portable bug-in-your-pocket.
The number of users who care about that is measured in billions (all phone users). The number of phone users who care about getting a root shell for their own use is vanishingly small, especially as people who care about that buy phones like the Nexus that have unlocked bootloaders anyway.
So no - this sort of exploit is pretty damn bad. The number of people hurt is multiple orders of magnitude higher than the number of people "helped", where that "help" is extremely tenuous anyway.