Nope, it's more a bug. Why shouldn't I be allowed to modify anything? I'm the owner. Sure, maybe if you unpack the image on your PC and then flash it you can modify it, but it makes it far more difficult than it could be
This is the "Extendable Read-Only File System", so it will be used for the read-only system partitions. The user data partition will still use ext4 or f2fs.