Also, at some point in the lifetime graph, you start getting diminishing returns. There aren't many scenarios where you get your private keys stolen, but the bad guys couldn't maintain access for more than a couple of weeks.
In my humble opinion, if this is the direction the CA/B and other self-appointed leaders want to go, it is time to rethink the way PKI works. We should maybe stop thinking of LetsEncrypt as a CA but it (and similar services) can function as more of a real-time trust facilitators? If all they're checking for is server control, then maybe a near-real-time protocol to validate that, issue a cert, and have the webserver use that immediately is ideal? Lots of things need to change for this to work of course, but it is practical.
Not so long ago, very short DNS TTL's were met with similar apprehension. Perhaps the "cert expiry" should be tied to the DNS TTL. With the server renewing much more frequently (e.g.: If the TTL is 1 hour, the server will renew every 15 minutes).
Point being, the current system of doing things might not be the best place to experiment with low expiry lifetimes, but new ways of doing things that can make this work could be engineered.