Doesn't methane get reacted away in a relatively short (≈years) period of time?
Depends on your definition of a ‘long time’ but it’s not like it reaches the low single digits even after 500 years…
https://en.wikipedia.org/wiki/Atmospheric_methane#Natural_si...
-The hydrogen half is still a great way to make hydrogen for industrial processes
-The methane can be used on site of production for organic chem feedstocks
-Many new rockets are using methane as their fuel, using it at point of origin instead of transporting through leaky pipelines and trucks.
Any analysis along these lines would be reassuring that this isn't going to be a net-negative, climate wise.