Given this in the TFA

> a Pareto front represents the set of solutions where no solution outperforms any other solution in the set at every objective

I do not believe you are correct when you say

> something that better, cheaper, and faster, or even pretty close to the best on two of those and clearly better on the other. It's a Pareto point.

Since that would outperform on every objective

GP's point that it's prioritisation does not seem incorrect to me. Prioritisation involves considering trade-offs of various approaches and deciding which aspects & attributes to optimise for, at the expense of others.