No it is a rally against extensions which have a non-risky (and arguably) superior alternative.
Risk is a gradient and cumulative. The more risky things you do, the more at risk you are.
Host files: as secure as you can get. Whole network.
Browser extension: remote code exploit possibility. Probably not available for mobile. Trusting someone who takes money from Google...
And then they have even less community validation, rising the security tradeof even more
