Even though my intuition is that the lousy product manager who made that decision did it because of this reasoning, I would venture that 99.999% of the people p

Even though my intuition is that the lousy product manager who made that decision did it because of this reasoning, I would venture that 99.999% of the people prefer to find their phone when they lose it than having this guarantee by default. If someone has my password and is trying to track me down, all you have to do is let me know that this is happening with a notification on my phone so I can rapidly change my password by using the device I am holding in my hand. If you are the kind of person where this small time window of physical location disclosure is a significant vulnerability, you shouldn't carry a Google-manufactured phone without putting it in an RF-proof bag anyway.