It is absolutely self-evident that VPNs are considered high-value targets and that all spy agencies invest a chunk of resources to go after high-value targets.

I would invite you to read again the two claims made, and consider whether your statement actually addresses the veracity of either.

To be a little trite: we all agree that chickens like grain, but it does not follow that a majority of grain producers are secretly controlled by a cabal of poultry.

>... but it does not follow that a majority of grain producers are secretly controlled by a cabal of poultry.

That's precisely what someone who's in on it would say.

Yeah obviously, do you think that's evidence that every single one is a honeypot?

No. You don't need to compromise every single VPN, just enough that the investment makes sense.