If, in real life, it turns out that it takes a year for a crack to grow from 1mm to 2mm, the model used can be improved. Result _could_ be that the “take out of commission now” point gets moved to 3mm.
They also may remove some stuff with 2mm cracks and test it for strength, and learn more about how the stuff behaves after being irradiated for decades. That, too, can change (in either direction) the life expectancy of the reactor.
So at this point in time I would be skeptical of new experiments and model updates performed by the operator and approved by the regulator. IMHO: Don't approve the model change, do some lab experiments / examine more empirical evidence over time and then possibly change the model for a _future_ reactor.
Also, would you be in favor of _not_ changing the model for current reactors if updated models predict a shorter life time? If you think the model should be updated in those cases, that introduces bias. It also could mean reactor owners would stop making measurements, and that, in turn, would mean we would learn less about making safer reactors.