Except that the first block and the millionth are not of equal value so there is very definitely a difference in risk when trusting one over the other. The information that the millionth block is safeguarding is way more valuable than the information the first block is guarding. You can't really treat them equivalently.
Indeed. My main concern is that core tech (e.g. the standard Bitcoin app) has never had a massive security breach. But the only way to use it is if consumers can realistically download the entire blockchain.
I guess it was just a matter of time until this happened, though ideally it would've been many years rather than two years.