tl;dr to me seems: Since users can change devices, they'll need to reissue key material, this needs to be supported. WhatsApp reports key changing optionally, but doesn't tell the server that happened. If WhatsApp tries to backdoor a channel and one of the users has key change notification, they'll find out about it, and WhatsApp has no idea whether the warning was shown.
"WhatsApp server has no knowledge of whether users have enabled the change notifications, or whether users have verified safety numbers."
If it's off by default, then the answer is likely to be near zero, as it often is with default options. This isn't an argument about the security of the app (which I have no background to know), more of a comment on relying on non-default behavior.