On my Linux laptop I can always run the latest software. On my Macbook Apple will stop to provide software updates at some point, but in practice the hardware is probably going to die before that anyway. On a Chromebook parts of the software stack are never going to be updated. And while most of the users probably don't care about the kernel version itself, a lot of Chrome OS features are dependent on the kernel version: with an older version you're going to miss some features (such as being able to run Linux apps), although the hardware itself would be capable of supporting them.