The "habitable zone" concept is still useful when it comes to actually searching for signs of life. I'm guessing a planet with organic life on the surface would have stronger signatures than one with a thriving ocean under 500 km of solid rock and ice.
This is a key point. The trench lives on the spillover from the surface. If there was no habitable surface full of life, there would be no life in the trench.
Have a read of http://en.wikipedia.org/wiki/Whale_fall - the deep ocean floor may host ecosystems, but this does not mean that planets where the best conditions are like the deep ocean floor are "habitable".
Similarly, the presence of mosses and lichens in Antarctic dry valleys is interesting, but does not prove beyond doubt that such organisms could evolve if the best conditions were like that.
That's a bit like a newborn baby saying "so far as has been observed, there are only a couple people in existence".
I think that's ceejayoz's point though. The less we know about something, the less confident we should be about declaring limits to when that something can occur.
Even environments that are energy-poor, or cold enough as to inhibit chemical reactions, may support rich forms of life that operate on larger time scales.