> Then cite them as blog posts

My point is it's still useful to have a somewhat authoritative place to cite (high quality) blog post level content. arXiv has formatting requirements and doesn't go down like random personal sites.

> a LaTeX PDF can launder epistemic status

True to a certain extent, although something people are aware of and they can judge the content themselves (hopefully).

> although something people are aware of and they can judge the content themselves

Based on how arXiv papers get boosted around on social media, I don't believe this to be the case.