Yeah. A Fast Ethernet PHY that does 10/100 Ethernet with auto-negotiation, auto-MDI/MDIX etc. is less than $1 in quantity and fits in a footprint a couple of mm

Yeah. A Fast Ethernet PHY that does 10/100 Ethernet with auto-negotiation, auto-MDI/MDIX etc. is less than $1 in quantity and fits in a footprint a couple of mm on each side. I think this is a "because I can" sort of thing.