Excellent post, very concise and eloquent as always....
Looking at it this way, the way you put it... It's actually difficult to find any reason (currently) to take a step forward with the merge...
I think (and this is something very particular on my part) that ETH ultimately got "caught" in the newness and euphoria of migrating to POS and leaving POW behind, which was somewhat attractive to the market and crypto-enthusiasts at the time of launch... But now (and even more so in the midst of crypto-winter) it is something whose real scope has been significantly diluted...
But, as is always the case, ETH is already on that train and can't get off, so it's just a matter of moving forward... Let's see how it all plays out then!....
Greetings and thanks for sharing!
!discovery 25
RE: Misconception about Ethereum Upgrade aka Merge