Rather than - or at least in addition to - being a bug, this strikes me as one of charity's features. Most arguments are, indeed, neither original nor very good. Inasmuch as you can substitute them for more original and/or coherent claims, then so much the better, I say.
Yes. But it's not doing any favors to anybody if you pretend that a new coherent argument is the same as an old incoherent argument. In my experience, the authors of the previous argument are often hesitant to agree with the new rephrasing -- it's not written in the terms they use to understand the world.
It is also likely not written in the way they understand the world. I mean If charity is assuming that the other person is saying something interesting and worth consideration, such approach strikes me as an exact opposite:
Here, this is your bad, unoriginal argument, but I changed it into something better.
I mean, if you are better at arguing for the other side than your opposition, why do you even speak with them?
As far as I can tell, most people around these parts consider the principle of charity and its super saiyan form, steelmanning, to be Very Good Rationalist Virtues. I basically agree and I in fact operate under these principles more or less automatically now. HOWEVER, no matter how good the rule is, there are always exceptions, which I have found myself increasingly concerned about.
This blog post that I found in the responses to Yvain's anti-reactionary FAQ argues that even though the ancient Romans had welfare, this policy was motivated not for concern for the poor or for a desire for equality like our modern welfare policies, but instead "the Roman dole was wrapped up in discourses about a) the might and wealth of Rome and b) goddess worship... The dole was there because it made the emperor more popular and demonstrated the wealth of Rome to the people. What’s more, the dole was personified as Annona, a goddess to be worshiped and thanked."
So let's assume this guy is right, and imagine that an ancient Roman travels through time to the present day. He reads an article by some progressive arguing (using the rationale one would typically use) that Obama should increase unemployment benefits. "This makes no sense," the Roman thinks to himself. "Why would you give money to someone who doesn't work for it? Why would you reward lack of virtue? Also, what's this about equality? Isn't it right that an upper class exists to rule over a lower class?" Etc.
But fortunately, between when he hopped out of the time machine and when he found this article, a rationalist found him and explained to him steelmanning and the principle of charity. "Ah, yes," he thinks. "Now I remember what the rationalist said. I was not being so charitable. I now realize that this position kind of makes sense, if you read between the lines. Giving more unemployment benefits would, now that I think about it, demonstrate the power of America to the people, and certainly Annona would approve. I don't know why whoever wrote this article didn't just come out and say that, though. Maybe they were confused".
Hopefully you can see what I'm getting at. When you regularly use the principle of charity and steelmanning, you run the risk of:
1. Sticking rigidly to a certain worldview/paradigm/established belief set, even as you find yourself willing to consider more and more concrete propositions. The Roman would have done better to really read what the modern progressive's logic was, think about it, and try to see where he was coming from than to automatically filter it through his own worldview. If he consistently does this he will never find himself considering alternative ways of seeing the world that might be better.
2. Falsely developing the sense that your worldview/paradigm/established belief set is more popular than it is. Pretty much no one today holds the same values that an ancient Roman does, but if the Roman goes around being charitable all the time then he will probably see his own beliefs reflected back at him a fair amount.
3. Taking arguments more seriously than you possibly should. I feel like I see all the time on rationalist communities people say stuff like "this argument by A sort of makes sense, you just need to frame it in objective, consequentialist terms like blah blah blah blah blah" and then follow with what looks to me like a completely original thought that I've never seen before. But why didn't A just frame her argument in objective, consequentialist terms? Do we assume that what she wrote was sort of a telephone-game approximation of what was originally a highly logical consequentialist argument? If so where can I find that argument? And if not, why are we assuming that A is a crypto-consequentialist when she probably isn't? And if we're sure that objective, consequentialist logic is The Way To Go, then shouldn't we be very skeptical of arguments that seem like their basis is in some other reasoning system entirely?
4. Just having a poor model of people's beliefs in general, which could lead to problems.
Hopefully this made sense, and I'm sorry if this is something that's been pointed out before.