I am shocked... absolutely shocked, I say, that Master Lock released a security product to the market that is so badly engineered it is trivial to open.
Judging by the fact that master lock is still widely sold, it’s not common knowledge how crap they are.
I think you misunderstand the threat model and/or use case. Most of the time I don't think anyone expects locks to do anything except keep honest people honest and dissuade the lowest level of opportunistic attacks.
A sledge hammer is cheap. It can open just about any door. The difference between a cheap door and hardware and a high end security door might be ~5 minutes of hammer time. (Nothing can stop hammer time). Nothing will stop someone with time and tools.
But if that threat model were a concern, we'd see a lot more bars on ground-level windows and the like. No one cares. Because 99.99% of the time, it's not going to be a problem.
Now, there are definitely use cases out there where it makes a big difference and people want the security. But MOST of the time, people aren't trying to stop or slow down someone with bolt cutters, a bump key, or shim.