So you are still making a trade-off
No, that is not arguable for anyone who takes more than a few seconds to think about it. Signing in has nothing to do with authentication, it's about things like "I want to have my own preferences set for showdead/noprocrast/etc. I want to maintain my own lists of favorites." Authentication & security are about making sure others don't access/alter your account or use your property or the like without permission, not about there being infinite resources and everyone being perfectly identical.
>So you are still making a trade-off
Nope.
My local all-eggs basket vendor agrees 100%.
You're not convincing a normal person to memorize 20 high quality passwords, and multiple physical devices are going to be put on the same keyring.
So in short, yes.