Reducing the benefit of HTTPS to only privacy is dishonest. The difference in attack surface exposed to a MITM is drastic, TLS leaves so little available for any attacker to play with.
Saying it's "fair" is like saying engine maintenance does not matter because the tires are inflated. There are more components to it.
Ensuring the correctness of your entire stack against an active MITM is significantly more difficult than ensuring the correctness of just a TLS stack against an active MITM.