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@absurdbird
I disagree that it's 'shit design' for the above mentioned weight/strength benefit but I also think its more elegant.
Headset mounted hangers could do with a bit more drop as the design has remained unchanged since aero levers, which force a tighter bend of the cable.
I reckon the best design is through the stem- with an adjuster there but that means non-aero levers or the cable bending up from flat bars.