The vulnerability is Facebook's social contract with non-technical users, user trust based on mental models of how it should work. For users of privacy settings, trust matters.
A user knows things they are sharing can be used by those they share with. But when they delete something, in their mental model it's been deleted, and they become (with fair reason) upset if they learn it's not.
If users delete a Facebook post or change its privacy setting, it's gone or inaccessible. If they delete a photo, it's still there and still accessible. That's unexpected behavior.
There's no good non-technical reason text content and image content shouldn't be equally carefully managed by Facebook.