John,
I think the real problems are that:
1) It'd be difficult (read: expensive) for them to provide reasonably accurate delay elements. With synchronous design, they just add a ring oscillator somewhere and empirically determine how fast the thing will run, bin them accordingly, and they're done! For delay elements... well, what are the options? Laser trimming? Non-volatile tapped delay lines? Nothing that I can think of that's dirt cheap.2) You're correct, they do figure that "you" [as a whole] will get into trouble using them. You -- personally -- clearly won't, but if you're running a business it's clearly useful (to your bottom line!) to set up the system so that you try to protect people who don't know what they're doing from blowing their feet off. That being said, this approach is often taken too far to not only keep a couple of the more advanced "doors" closed, but to put locks on them altogether. I've seen software development tools go this route as well -- they're perhaps improved and easier to use for novices, but actually harder and less functional for experts. These days I have to hold my tongue rather than go around claiming things aren't "expert friendly," because it is seen as an attack somehow on the less-than-expert users. That's where the political correctness BS comes into play!