I don't mind it. I don't want to keep track of thousands of feature flags in my DB, have to create an admin dash, etc.
You could call any SaaS tool "excel-as-a-service" and it would hold the same power as your comment.
or maybe just make single JSON and commit it to git? your http server + GitHub + JSON and text editor is your admin ui, audit, etc.
It makes sense to not want to create an admin dash, but to avoid having to keep track of thousands of feature flags in your db, it seems all you're doing here is moving them to another db