Loss of smell in COVID-19 isn't caused by frontal brain injury.
https://hms.harvard.edu/news/how-covid-19-causes-loss-smell
The risk to younger children is minimal.
I think the jury's still out about frontal damage:
https://www.science.org/doi/10.1126/scitranslmed.abf8396 https://www.medpagetoday.com/opinion/second-opinions/94301
As for children, yes, the risk is much smaller than for adults, but it's a moving target due to viral evolution, and why not reduce it as much as possible?
For me, boosters and nasal vaccines can't come fast enough (nor can the ability to administer them to younger children).
At some point I think this virus will become like the flu in terms of public health implications, but I don't think it's quite there yet.