"objectively not extortion" doesn't matter, and is completely irrelevant to the conversation being had here. The point is that if you tried doing this thing that is or isn't "objectively extortion", you're going to risk dealing with what the comment outlined above, and that is the real penalty for trying something like this.

The larger point, and the nugget you probably should come away with, is that there's a prohibitively high cost for doing what's being discussed. There most definitely is plenty to worry about here.