"But", someone replies, "I'm talking about life forced to evolve under extreme and alien circumstances." But Earth has plenty of extreme environments, both now and especially early on, and scientists optimistic about the likelihood of spontaneous life are constantly equivocating those environments to others in our Solar system and beyond. Plus, let's not forget that the modern, biologically created Earth atmosphere is something of an extreme environment of it own. So no matter how you spin it (I'm too lazy to put down several other scenarios I've had in mind), the more likely we are to encounter extraterrestrial life, the more robust Earth life likely is.
Expecting the opposite would be like betting on a random path in a graph with millions of edges to be faster than a path that was optimized by billions of computers for billions of years.
It's not that old life optimized for killing the new life (it probably didn't because it doesn't seem to be a common enough occurence). It's that the new life would be very likely very bad at everything.
> I think it's unlikely we'd find an bacteria or virus that could successfully infect Earth based organisms in a way that threatens us.
But if life doesn't readily emerge, then we don't have any evidence one way or another. However, the likelihood of encountering extraterrestrial life is also diminished.