Not even geohot is asserting that "SAE Level 2 is the most practical self-driving we are ever going to get", his assertion is that he thinks nobody is going to get there in the next 10 years.
He may be right that we won't get there broadly for 10 years, but I think that's a rationalization of how things have gone for him, and the fact that the methods he has worked on don't have a chance of getting there, rather than the thesis he had when he started comma. Because if this was your thesis, there was really no reason to get into the space when he did.
In particular, Waymo One is already an L4 driver. It operates completely autonomously and passengers do not have the option of taking over. I don't know how often they get stuck and have to call someone to do roadside service, etc, but clearly in some areas it is already feasible. So the question is whether this is possible in dense urban areas or not.
And if you're just looking at SAE 2, the main competitors in this space, Mobileye and Tesla are doing way better than comma.
I definitely thought progress would be faster here, but I don't think we're anywhere near as far away from useful systems as geohot argues.