I should know better than to argue with you about linguistics (because I remember you have an advanced degree in it from a previous conversation), but...
I'm going to go ahead and put my foot down and say that using "weary" to mean "wary" is just wrong usage. Like saying "it would be hoo of you" instead of "it would behoove you." It's just bone-apple-tea seen in the wild.
Now I will agree with point 2 in that it isn't grounds to look down on someone or treat them poorly. If it's in a context where it can be gently corrected without patronizing, it should be. Otherwise we should just let it go. But that doesn't make it any less incorrect.
Any attempt by phd candidates to retrofit an explanation for it is just "explaining away" and reflects more the overly-permissiveness of modern academia and the hesitancy (especially in humanities fields where subjectivity is like water to a fish) to make firm corrections, especially in cases where cultural relativity might be argued.
I mean sure, language evolves and theoretically a dialect could emerge in which words that previously meant some things could take on completely different meanings. But if we accept that as the official "correct" stance in the field of linguistics, then the field of linguistics itself loses relevancy. Because if nothing can be wrong, then nothing can be correct either. Words will lose their meanings over time and it will become impossible to communicate across cultural barriers. You can already see this phenomenon if you pay attention to words that have taken on euphemistic meanings, especially in the contexts of intergenerational communication, which I would argue is a form of cultural barrier. For instance, "pussy" still means "cat" to many people of a certain age. That's an extreme example, but that sort of thing can create miscommunications. Especially when it comes to more obscure innuendos or newer ones that aren't as widely familiar to people.
The phenomenon isn't limited to innuendo though. The whole basis of language is a mutual understanding of represented meanings. If we lose that consensus, then language itself begins to break down and become no longer an effective basis for communication. Carried to extremes, we find ourselves returning to meaningless/inarticulate grunts (not that we're likely to reach that extreme, especially not within the lifetime of anyone living today; but it's about the trajectory).