Not having the option forces companies like Facebook to play by some simple rules.
Having the option would mean that many apps that are currently available through the App Store, and therefore broadly trustworthy, would suddenly become side-load-only and follow basically no rules at all.
If you have no personal objection to Apple making their products more open, why defend their 'privacy' facade? Have you missed the last major iPhone exploits?
That's just not true. Making some things impossible by a company with Apple's clout prevents the exploitation of people who will click "next, next" to disable protections without really understanding the implications.
If you're truly a developer, you can add whatever apps you want to your phone from source via xcode, free now, so what's the issue?