I think a lot of people feel burned by Craftsman. People buy it for decades, knowing its just a trip to Sears. Sears starts cheaping on the build quality, off-shoring the bulk of it.. tools and other things and eventually they close their doors leaving millions high and dry. Sure they may be here or there, but not the full line-up at all those locations and not as widespread as before. And people don't want to wait or hassle with shipping. They want it NOW. To be honest, I buy quality tools with a Lifetime Warranty that I KNOW will be in business way after I'm gone. And right now, looking at History that means the Tool Truck pro stuff.. because they live and die by their reputation with people that use them for a living. They cheap out, they'll die a quick and painful death. Social Media is the equalizer, no hiding your warts anymore.
Except now going from Craftsman to tool truck brands, you're paying like 500% more for that warranty. I've never broken enough tools to justifying spending that kind of money on a warranty. If you use an inexpensive-but-still-decent-quality socket, ratchet, etc. just use it until it breaks and then go buy yourself another one.
The amount of time and hassle it takes to take a broken tool to get warrantied isn't worth it in most cases IMO. Buying the regular non-truck brands you can break the same tool 4 or 5 times over. If you work in a shop and can take advantage of the tool trucks coming to you on a regular basis, that might be a different story, and I can see how that is convenient. For the rest of the public the tool trucks don't have time for individuals, and corporate / online greatly reduces any 'convenience'.
The way Craftsman went might also be a sign that business model isn't sustainable. I know it was Sears that went out of business, and not Craftsman, but the fact that they changed their line to "import garbage" over the years shows a struggle between quality and cost. Pretty hard to offer US-made quality hand tools at a cheap price and with a no-hassle lifetime replacement warranty, it just doesn't add up.
I have quite a lot of Tekton hand tools, but not for the warranty. I like that it seems as though they do a good job with warranties and will replace tools with just pictures and an online claim. But I'm also not naive enough to think I'm buying a $20 ratchet that's going to last me for a lifetime, and then get passed down to my children and grandchildren. I hope Tekton does well and continues to do well as a company, but I'm not going to lose any sleep over analyzing their long term forecast to decide if I think I'll be able to warranty these tools in 30 years from now.