Reading that a letter in my alphabet is mostly obsolete feels really weird. No rebuttal, just a comment.
> It would never substitute æ for ae; that would misspell the word as much as substituting an o.
While that is correct, a lot of other systems actually do this exact substition. If your name contains æ it will be substituted with ae in passports, plane tickets and random other systems throughout your life.
My own username on this website is an example of a similar substition. The oe should be read as the single character ø.