On the face of it, that may be right, but privacy and independence are lost. Victim buyers discover they can't do anything without either paying more money or being online (ie. under surveillance from the GooglePlex).
http://dev.chromium.org/chromium-os/chromeos-graphics-readin...
What all the docs in that link are talking about is the Direct Rendering Manager.
Every single ChromeOS machine also has a developer switch, which will let you put whatever you want on the machine.
'Developer mode' that disables consumption of things you have paid for on a machine that has virtually no storage? Sounds great. Why do you seem to support them?
Yes, developer mode erases the machine for security reasons.
I don't see to support them, I do support them on this (I actually am not a fan of chromeos in general), because it is still a huge step forward over almost all available newer "locked" machines available.
Your solution is what exactly?
It seems they've done the best pragmatic thing they can do here. It enables DRM and content for those who want it. Those who don't, can still do what they want with the machine. If you want to have your cake and eat it to, yell at netflix/et al. It's not like Google has an real leverage here. They've tried for years to get anywhere with other strategies.