I had a take-home assignment not long ago for some... dodgy recruitment-consultancy-disguised-as-training company. It was the exact same assignment as my previous employer used ten years ago. Ended up just showing and talking about my current project, which is basically the same thing.

Definitely. My last job prospect would have required me to lock myself in the room for a weekend or more doing a chain of low dopamine tasks.

I have done take home projects before, which often resulted in low ball offers. At most it made me angry for the time wasted, but now having children I just don't even bother anymore.