There's plastic and then there's plastic. Compositions differ on visually identical items. I have ratty old Dacor and Parkway BCs that have seen hundreds of hours of use, submerged and then baked in the tropic sun. They are bleached and stained and have other minor issues, but the plastic sections and threads that are positioned between the jacket bladder and the air supply, while a bit grey, are still solid and strong. I would not hesitate to use them. Of course, while they were still in regular use I disassembled and cleaned them every winter, usually shortly before a trip to the tropics.
The BC I use most often is about 12 years old. I think of it as my 'new' BC.
I've seen all sorts of scuba related plastic parts come apart, things like regulator purge covers, especially on cheap little safety second stages. Most of this kind of trash is imported from sources that are content to allow disposable forks and discarded sandals into the plastic composite. The companies that sell the final product market shiny attractive items, and their sometimes low prices eventually drive most of the better quality stuff off the market. Buyers imagine that there must be some kind of quality control going on with various little plastic and rubber parts used in their equipment.
Some of the older stuff is made of very sturdy material. Some of the new stuff comes apart or cracks or wears through quickly, but can be replaced very cheaply, so who really cares?