The most legitimate reason I've heard is for privacy. I don't believe the gov't is going to lock someone up for learning how to serve web pages.
It'd be slightly nice if we were able to have integrity-protected HTTP without encryption (lower overhead, easier debugging with packet dumps), but the advantages are minimal (ciphers are not really the overhead, SSLKEYLOGFILE is a thing) and it's a lot of complexity to the web platform, which is a downside for web developers like you and me: the rules for mixed content between HTTP, HTTPI, and HTTPS are going to be much more involved and confusing.
Which makes sense, since they'd have the exact same problems as an explicit HTTPI protocol, just even more confusing: you'd want to not send things like secure cookies across those ciphers, you'd have to handle mixed content with actual-HTTPS carefully, etc.
That's essentially the same as not locking your car doors because you feel your car isn't worth breaking into.
Serious question, what are my options?
If the former, you can stick those on HTTPS too just fine. CloudFlare will be an entire SSL-enabled CDN for you for free. Amazon Cloudfront will serve SSL for you for free (though you still have to pay for Cloudfront itself, and get a cert on your own, though you can do that for free).
* Make use of edge CDNs with https termination
Honest question: are you willing to indemnify your users when the next Heartbleed-like attack comes out for the underlying SSL library you are using in your product?
If you are willing to do that, and will offer me a no-cost wildcard domain certificate, I will switch to your product and start using HTTPS.
There's a lot of misinformation out there about certificates and HTTPS, but don't let it stop you from encrypting your site. Regardless of Google's move, there is no excuse for any site not to be served encrypted anymore.
[1] Here's a 30s demo: https://www.youtube.com/watch?v=nk4EWHvvZtI