It may be counter-intuitive, but with the right cyphers, the crypto costs of SSL and SPDY are negligible.
Second, there are perfectly valid legally mandated circumstances which forbid end-to-end privacy, from children in schools to inmates in jail and patients in psych. hospitals, not to mention corporate firewalls and the monster that looks out for classified docs not leaking out of CIA.
That's what SNI is for.
> Second, there are perfectly valid legally mandated circumstances which forbid end-to-end privacy
Then install spyware on the user's computer, or add a trusted SSL key and mitm all the things.
(HTTP 1 would be sufficient for these use cases for a long time to come, but resource considerations should factor into these standards discussions)