Then Apple should just do that, stop updating the software on older devices after 2 years (or however long). I don't understand the obsession of needing the latest OS. Yes, it has more features but I'd rather have my device's hardware run the software it was designed to handle.
Maybe other manufacturers stop giving out software update for this exact reason? At least that might be part of the consideration?
All I know is my iPad 3rd gen runs much musch slower on the new iOS than the one it came with and I think Apple is responsible for that.
So yeah, I support the fine.
The fine is frivolous.
Your (and the one I own) iPad 3rd generation feels slow for the same reasons the iPhone 4 did. The system was overtaxed for the amount of pixels it was driving right from the start, which was evidenced by them both performing only slightly better than their predecessors in some benchmarks. Some full system benchmarks (including passmark) actually showed overall performance of the iPad 3 and iPhone 4 to be worse than the older iPad 2 and 3GS respectively.
I agree with your strategy of not updating phones ( I still have iOS 10 on my 5s) but disagree with the opinion that Apple should take away the choice. Sometimes people need updates for security reasons, or because the app they need to use requires new base OS features.