That said, it still feels like they are unnecessarily hobbling their project. LLMs are tools and they can help you think, research, and code. You can overuse them, yes, but you should embrace them where they help.
not accepting bun's PR for other reasons is totally fine (sounds like it's a core change where more thinking needs to be done), but simply banning all LLM authored PRs is unnecessarily restrictive. Just focus on the quality of the work.