MagSafe charges super fast
Magsafe has a 15 watt limit. Compare this to the 12 Watts you could get from an old non-fast charger, and the 45-100 Watts you can get from a modern fast charger. Also factor in that Magsafe is inefficient and creates more waste heat and likely throttles charging as a result.
Much better than using a port that can wear out over time
Meanwhile you're killing the battery with the extra heat.
Also the lighting port is pretty darn durable, and I've had no major issues with USB-C disability either.
I've always wished there was a higher quality version of this.