Yes, this is being considered. It was a first step review of cache hit ratios.
I can't believe the driver was this was some ratio rather than actual performance issues / latch contention over parsing. Just revert the change if there's no driver for it and no actual, tangible, significant benefit.
This example shows that if you use histograms, and want the optimizer to choose an optimal plan for different literal values using ACS, then you should set cursor_sharing to force. If it is set to similar, then literal replacement will not take place, and a child cursor will be created for each value of the literal. Setting cursor_sharing to similar effectively disables ACS for these kinds of queries. By setting cursor_sharing to force and letting adaptive cursor sharing kick in, the optimizer can choose optimal plans for different values, but if the same plan is appropriate for several values, they will share a single child cursor. Historically, cursor_sharing=similar has been recommended as a middle ground between no literal replacement (which causes a lot of cursors to be generated) and forced literal replacement (which causes a potentially sub-optimal plan to be shared for all literals). We now recommend using adaptive cursor sharing along with cursor_sharing=force instead.