If you want your members to be able to quickly get to their feed when they're on your site so they can keep up with what their friends are doing, do to the admin cp >Options>General Board Options> and enter this link to the 'home' link section
I understand your opinion, but I don't think it needs removing...
On my site I have used the home link to redirect my members to the recent activity of the site, which is something I have been wanting to be able to do in both vB and IPB and yet they both told me that having a activity stream was too server intensive and here I have just what I wanted running under xF.
You are free to remove the Home tab and link if you so choose, but it's a case by case basis.
I am not sure where the 'Breadcrumn mentality gone wrong' statement came from in your response as breadcrumb and the home tab are two different things.