In my opinion SafetyNet is no longer about security and is mainly DRM at this point. I think you are right on the money about the out of date devices too. I was going through my Dad's old phone collection this weekend and noticed that several old Android phones have specs that are not terrible today but are not useable due to no updates from the OEM. So now they are mostly e-waste. These are perfectly useable phones (maybe outside of an old battery) for basic tasks.