Does AWS require distinct billing accounts for each project? I use GCP, I can attach the same account to multiple projects. (It also lacks this basic billing limit feature, unfortunately.)
No, that's why it would be silly to have to change it for every account. (and also problematic for a team with a bunch of child accounts to then have to gain access to the org's card or something like that to change settings for their childs)
I don't follow. But they could make the quota feature a toggle (that has the same mechanic to unlock). Easy, easy enough for a junior dev. And I'm sure folks spending more than a few minutes chatting about it could come up with an even better solution.