Reproduction does result in new matrix/scaffolding being built but the cells build that (and can rebuild it if so directed).
Of course some things "we" care about exist exclusively in the matrix (configurations of neurons, learned behaviors, memories, etc) so that could well be a limit for those parts of the body where we care primarily about preserving the matrix.
Anyway my point is that "reproduction" doesn't create whole new life, it's just a continuation.
Then you're just arguing that we're already immortal, after all we reproduce, but I don't think that's what we're talking about when we talk about longevity. Longevity is the continued existence of a particular being, not its continuation through descendants.
This is not at all guaranteed until we actually manage to do it. And that's exactly what we're discussing, you can't just say "but it must be possible". There's no rule of the universe that says it should, and given life has been around for 4 billion years and there's no single species (specially animals which is what we really should consider here if we're talking about human lifespan) that manages to live for more than a few hundred years, I think that's strong evidence that life is approaching a fundamental limit here. Someone else said "maybe that's enough" - well, why?? Maybe 100 years is already quite enough then??
That’s not forever and it required a very specific environment, but biological degradation on that timescale can be effectively zero.
The fact we haven't seen an organism live forever is strong evidence that that's the case. You're the one making the case without any evidence!
Also, some few (fairly primitive) animals are "biologically immortal," for example, lobsters (which are motile and vaguely resemble us more than, say, sponges and jellyfish) don't experience senescence.
That being said, I think we have a long way to go if we want to make any progress at all, and I doubt I will live to see it.
There is no "full understanding" of a complex system.