The reason to have a master password to protect Chrome passwords, for most people and in 99.9% of cases, is that not that we fear we'll get hacked by some random jerk. It's to prevent a casual acquaintance from discovering our passwords easily.
At this point, I think what may have happened is that, at some point, the Google Chrome Security made a decision based on logic that had numerous merits, but doesn't work too well in practice. Now that they've committed themselves over and over by defending this practice, they're so vested in this decision, that they'll defend it, even to their professional demise.
Again, I think their original decision not to have a master password was a smart decision, but not a wise one. As an analogy to door locks again, the smart decision is not to have door locks because they're very insecure (think breaking down a door or window with an axe).
It sounds like this Google Chrome security policy will most likely not change until some significant leadership changes are made over there..
If someone starts their first sentence with name calling, you know they're not mature enough to have a real discussion.
Basically, you are fighting ignorance with even greater ignorant decisions.