Actually I am using a Retina display. I’m still noticing the difference very much. Hence I don’t think subpixel rendering would be only a technique for obsolete devices.
But I don’t think subpixel rendering is a performance issue, my MacBook Pro running 10.11 displays everything fast even though being 6 years old.
And if the complications were already there, perfectly working, why remove them? I understand that it is hard to add these features into the iOS libraries, but then the others should have been kept as is.