Mac address restriction provide zero access control. It's trivial to sniff and spoof them.
In my discussions with such people[1], I have found that a preponderance of them believe that a MAC address filter is a strong protection against unauthorized equipment on their wireless network.
[1] I have had many occasions in my career where I have hired people in the IT/Ops role and during the interview process I have often probed their understanding of the plumbing of IT beyond the parameters necessary to enter on a screen in order to get something "up." My admittedly non-scientific sampling suggests that "knowing the plumbing" is not a valued skill for many of these people.