In general, that's the sane argument against feature bloat.
In this instance, is the effort required to maintain a layout option really that much more? I don't know the answer, it's a genuine question.
Also, was there no benefit? I didn't even realize the feature existed because I searched for it before it was introduced and moved to Firefox.
I know nothing about the history of this feature in Chrome, but from 10000 feet, this looks like a heavy handed move to remove a feature instead of making it optional, especially in the times of large + tall touchscreens.
Disclaimer: I don't know what I'm talking about, there may be, and probably are some good reasons for these.