Yes, I realize that the official stance is that it isn't grapheneos without the security features. That doesn't change the fact that someone who won't have the security features either way (and presumably doesn't care because otherwise he would switch to a different piece of hardware) might want the option of using a build of grapheneos that isn't officially condoned by the maintainers. (That's kind of the whole point of FOSS, right?)
I didn't realize fairphone was stuck on an EoL kernel. I guess that means that even if the build can be made to work right now (far from certain given an old kernel) it would likely break in the future.