Many more people are using the camera on their computers now for videoconferencing. Of course the decision was made long before anyone had heard of COVID-19, but it turned out to be a bad one.
Yeah I get their reasoning. It seems to still go against their brand positioning to have such a glaring omission of quality though. I remember when they would spend money figuring out how to poke tiny holes into the side of their laptops so they could have almost invisible battery charge indicators (now gone). You're not really supposed to consider if the quality of a feature on a Mac is good enough for something, it just should be. Hopefully they will sort it out.