Even if they found a way to make it work now, every time they had a new feature they wanted to add to their web client, they'd have to worry about making it not break Outlook/Thunderbird/$RandomEmacsMailClient, because if it does people are going to miss emails and leave the service. And since their target market is people who hate the way email works today anyway, the target market probably won't ever want to touch IMAP again if they can help it. If they want to go back, all their mail can be exported and new mail will be forwarded to their next address. It seems fine to me.
I just set up a gmail filter to have everything skip the inbox. Adding exceptions is not so convenient but it works.
Sure, _you_ could, but how many other potential customers can?
I'll admit, the lack of IMAP is a bit of an issue for me as well, but the other features may overcome it.
I'm gonna stick with running my own mail server to get around Gmail. It's $5 a month, has a calendar, I can use any mail app I want to, I could import old emails if I cared to. I'm also sure I could get the "tracking pixel name-n-shame" feature they're so excited about if I took some time to write some in-depth filters.