It is good stuff fuctionally, but I would not knowingly buy any fabric with it these days. If we consumers vote with our feet (or rather wallets) the demand for these treatmets may decrease.
I doubt it - DWR finishes (ie Teflon/flurocarbon) were originally just a treatment to stop fabrics rucking up as layers of fabric were layed out on the cutting tables. It helped the fabric slide on fabric - later it was realised that it was a shower-proofing as well = heavy hype on DWR as a proofing! A free bonus!
Cutting out the coating would make munufacture more costly as it would take longer to lay out the fabrics.....