It is, however, a big liability. In terms of security but also stability and performances. The way extensions work in Firefox is a bit crazy, it's like opening your belly and say "here, change whatever you want". It's the equivalent of a desktop OS where any installed application runs in kernel land where they can slow down everything, crash everything, make the browser unusable...
Not only a bad written extensions can have disastrous consequences, it's impossible for the Firefox team to keep backward compatibility because they have no idea what XUL file the extensions developers are overlaying or what core JS object they've monkey-patched.