Agreed.
This has to be a program that get's consumers used to the 'trusted' platform. Mostly because of the parent-listed reasons: it'd be too easy to wipe the machine and use it 'in an unapproved fashion.'
It's also a training-wheel step to training consumers to the 'subscription' model of computing: pay us monthly 'rent', or your OS stops working...and since it's a 'trusted' platform...
No good.