How would replacement of a single small part save costs enough to warrant a change? Is it a matter of volume of replacing this part for hundreds of thousands of watches that come through Omegas service center?
Couple of things...
1 - The single piece plastic blocking lever (the actual proper name for what people call a "brake") replaced 2 steel parts, not one. So it replaced:
72208601726 | BLOCKING LEVER
and...
72208631818 | BLOCKING LEVER YOKE
with...
72208601726V2 | PLASTIC BLOCKING LEVER
2 - The plastic blocking lever is not an "upgrade" - in other words if a watch comes in for servicing with the steel version, they do not systematically remove it and replace it with the plastic version in service.
When Omega upgrades a part due to a performance issue, where the part has failed in use and is causing some recurring problem, they make it a mandatory upgrade. The fact that this is not the case here (and that they to this day still sell watches that use steel blocking levers - 3861) tells you it's not a performance or wear issue.
In all the hundreds of Speedmasters I've serviced, I never had to replace these parts for wear - plastic or steel, nor any parts related/adjacent to the blocking lever for wear. As was noted earlier in this thread, all it does is hold the chronograph wheel still when the chronograph has stopped.
People think "wear" only because they keep using the term "brake" and think it's actually bringing a moving part to a stop - it is not. When the coupling yoke disengages, that stops driving the chronograph wheel, and then the blocking lever swings in to maintain the position of the chronograph wheel. There is no wear involved.
As much as people do not want to believe this, I think it's pretty clear this was done simply to cut costs. Having to machine 2 pieces for every watch, or use 1 injected molded part - the savings would be significant over the number of watches produced.