I've fallen asleep with mine on my lap on the couch. Never been an issue for me. I don't condone doing this, but I lived to tell the tale.
My understanding is that they just aren't popular enough to continue manufacturing, so once remaining stock is depleted, they're EoL. The Surfer is still most folk's go to when they hear Elev8. There's a cost to buy stock, manufacture it, inventory it, retail it, and support it in a sustainable manner. The numbers probably don't make sense for the LSV at this point. It's a soft-sunset so it will be available until body parts are gone, at which point I believe they'll still support spare glass and accessories for it.
If I'm speaking out of turn, someone correct me. I love love love my LSV's and am sad to see them sunset, but business is business. I will appreciate the units I have, forever and try to stay apprised of what's going on in LSV land.