Again, for whom? And when one has qualified one’s statement, why do you insist that he/she changes his view? If the “much” in “much as” were to ever appear alone, you might be able to analyse it in your way, but we have the lexicalised unit and the combination meakes the meaning of “although”, for me.
In this case, as in many others, we can see why you are indeed Mr Pedantic. Let it go, hero.