Good enough for what? If you have SMS where you didn't before you're still equally free to not use it. Personally I like the idea of always having a simple channel for emergencies.
Then this isn't the solution for them. You keep assuming this is an internet service when it's not. Internet protocols are massively inefficient and have latency constraints that would choke narrow channels while offering almost no utility. This will be a modified SMS service, not a not an IRC service. Don't like it? Go buy an actual satphone with a data plan.
They don't have a responsibility to help you stay anonymous if they don't promise it. Follow your logic and we wouldn't have remote schooling or medical services over HF radio either. It extends the capabilities of normal phones to provide a feature we didn't have before, so you can't expect the capabilities of full fat, dedicated hardware. It's better than nothing, so why complain? You want net neutrality for a non-Internet service?