Before it was useful, since it produced an output which could be easily recognized and narrowed out of a long list of other devices. Now it's truly meaningless - perfection achieved.
Fun discussion to have in front of a fireplace with a glass of good scotch, but irrelevant to millions of user faced with amazing and very readable "localhost" or UUIDs a-la "486398F2-76EC-475A-8549-5219672CBF01" instead of awful "Joe's iPhone" or "joes-iphone.local" as it used to be.
I've filed FB12407865.