So, yeah, I think it's a serious and consequential issue. Again, the counterfactual here is the man living homeless on the street, which judging by the newspaper articles and the HN thread suggests most people were tacitly okay with--it's the status quo, afterall. That doesn't justify what happened to him; it's the reaction to the incident that is problematic--the pearl clutching, "OMG that could happen to me", "this is why we need to make it even more difficult to force treatment."
IOW, this man was victimized twice, not just once. Instead of nursing our paranoia about our own largely imagined vulnerability to state coercion, people should be asking how we can create a more proactive, more dynamic system. That may mean not only more checks & balances, but a greater allocation of power to the system, not less. (To make a technical analogy, look at CI/CD, where you get better at something by exercising it more often, not by avoiding it.)