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Is Harvard SCEA/REA/Single Choice Early Action Fair?

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My son applied Restricted Early Action to Harvard. I just read on Harvard's website that there is absolutely no advantage given to early applicants. In fact, it sounds like it's almost harder to get in early, since they say they only let in kids who would undoubtedly get in through regular admissions. Yet, in exchange, Harvard does not allow their early applicants to apply early anyplace else. In other words, it seems like they're taking away something very valuable (the chance to apply early to other schools where there definitely is an advantage). Yet they're giving up nothing of any value in return. My son's first choice is hands-down Harvard because he did the summer program there, and fell in love with it. (He said it was learning "Utopia.") Yet, I'm afraid he was blinded by emotions, and made a mistake by applying early there. Any thoughts?

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