The pitch is that passwords will supposedly be phased out entirely as an option.

I've been told by multiple people that the recovery method of passkeys is to enter your username/password. If passwords are eliminated, your final recourse is fucked.

Why would it be that is the only recovery method? The most convenient one is just more passkeys on other devices of course, but you can have any other recovery methods you want. Magic link emails are the most common, but there is nothing about passkeys stopping you from implementing anything you want.

Which is a laudible goal, but something that makes "oh just fall back to the standard insecure recovery process" not a very good response to the concerns about users being able to actually hold on to their passkeys easily and reliably.