I don't agree with this. Yes, any TPM is necessarily possible to bypass, but it's not easy. I know I could bypass normal password-based FDE with physical access to a machine without any special hardware or software, but not TPM-based. I assume, by the Pareto principle, that there are lots of people with my ability but exponentially fewer who could bypass a TPM. So it's definitely more secure than password-based FDE, and it's good enough for me.