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thats why they switched it to the current system.. you either have the app and the fact two seperate devices would have to be compromised (unlikely), or you don't have the app and the 15 day hold gives you time to notice..
fyi, you could grab a $20 prepaid smartphone for the authorization text, but install the app to handle it to either a tablet you may have or and android emulator if you really wanna bypass it
Do you complain to your goverment to?
Every Law is made cause a few had to do something stupid
Then proceeds to make the exact suggestion the post is supposedly 'not about'
Valve has ways to reobtain lost Steam accounts.. ususally some form of proof of ownership, such as linked credit card credentials or a handful activated Product Keys
Few hundred?
http://www.1mtb.com/top-5-best-unlocked-android-smartphone-mobile-under-50-dollar-usd/
If you can't afford a smart phone for 50 dollar then i don't know what to say.
Your accusation makes no sense. How does it makes easier to steal accounts? An account doesn't protect itself. You are responsible for the security of your account.
And the easiest (and smartest) way to complicate this further, is make sure your email account uses a different password than your Steam account. Then a potential hacker has to break into two completely different accounts.