Fair enough. But it’s clearly a trade-off.
Some may want extensions with unchecked, unrestricted permissions to be able to do all-the-things (tm).
Me on the other hand (and possibly others), with open-source projects often going haywire and crazy over time, feel more comfortable knowing that extensions cannot do more than I have permitted them.
I guess this is for the market to decide. If V2 provides enough value for enough users, it will stick around.