If you had physical access to the computer, some sort of bus interception to exfiltrate data from the machine.
They made sense in a world of dialup and low speed / high latency broadband. But there are lots of places with high speed fibre and not much latency to the peering points.
And the more we break away from data centres and clouds, the more the internet infrastructure will have to work the way it was designed instead of having to flow through these crazy aggregation points that are both serious points of failure and major security risks.
These kind of measures force people to move onto a rented server instead. Often ISPs rent servers themselves. The conflict of interest here is hard to ignore: if ISPs make it easy and convenient to host from home, their business of renting servers suffers.
Yes, but then you need backup power, someone to replace disks / hardware if things break, proper security for compliance reasons, cooling, noise. Once you set up all these things you just invented a data center again.
I don't see how getting rid of data centers makes any sense.