Not all speakers work well as dynamic mics; and in fact turning on mic mode may enable the bias voltage, which could either burn out the voice coil or hold the diaphragm against the stop, making it even less likely to pick up any sound.

Jack retasking, although documented in applicable technical specifications, is not well-known, as was mentioned by the Linux audio developer

This could be a "bubble effect"; the Realtek codecs mentioned have a Windows utility to configure the jacks, which countless otherwise non-technical users would've seen and interacted with, so awareness of this feature is probably higher than they think. Fun fact: the "ALC" prefix in their codec names stands for Avance Logic, which was acquired by Realtek and they just kept that prefix well into the HD Audio era.