I assume the TPM in this case would only have a partial decryption key? I think something similar could be accomplished with SSS, no?
2. As for this, I can say i've never used DBX with UEFI Secure boot. Instead of revoking keys, I just remake the entire PKI from the top. The PKI is only there to support independent use by OS Vendor/OEM hence the separation of PK/KEK/db.
3. Counterpoint: over-reliance on TPMs and such. Whereas the ordinary trust chain only requires signature verification at the start of boot (presumably on-chip), measured boot requires more complex trusted computing hardware (presumably off-chip).
Personally, I find that systems that are overly-reliant on complex trusted computing hardware tend to lack in other areas. For example, iphones or google-pixel devices encourage the user to use a low-entropy password like a 4-digit PIN. These systems try often to reconcile "analog" passkeys like Biometrics (FaceID, fingerprints) by using trusted computing. Of course, if the trusted computing systems are breached (https://www.404media.co/leaked-docs-show-what-phones-cellebr...), then security is very weak.
I suppose the advantage of the measured-boot method is that it is optional. So you can still boot whatever OS you want, just without some TC features.