Ugali, Miss Molly! This thread is still alive? The whole "discussion" makes me think of a bunch of monkeys throwing feces at each other.
Can it be? I think you're ... correct ... on that one!
BRAAAAACK!!!!! Awwwww. And you were doing so well up to that point. There is a threshold, although it's more of a "yellow zone" than a precise line. The reason you can't pinpoint it exactly is because your definition of it is somewhat dependent on the protocol used to find it, which is in turn tied to the rate at which pace (or incline) increases. Ergo, the threshold may be passed through quicker with some protocols than with others. Certain athletes who process lactate as fuel extremely well may also have a broader "yellow zone" and be able to spend more time in it before crossing into the "red zone." Some of that ability may be fiber-dependent and/or related to stride mechanics and/or related to an as-of-yet unknown mechanism, so looking for a Holy Grail "catchall" explanation for this phenomenon (or most others related to exercise) is like playing darts blindfolded. You don't even know if you're facing the target.
Calling this zone the lactate threshold could possibly be seen as a misnomer inasmuch as lactate itself is now viewed as not causing fatigue (not that the negative ion ever was viewed as responsible for fatigue). However, lactate levels do rise during increasing (or prolonged) moderate to high exercise intensity and as such can be used very effectively as a barometer or measuring stick for ensuing distress or fatigue.
This brings us to the the "replacement explanation." Since lactate levels rise with increasing exercise intensity, and since lactate is used as fuel, this chain of events increases the logic behind using tempo running to stimulate adaptations. A lollipop to the clever lad that figures out why.
Effectiveness of tempo running is also related to the amount of time spent in a steady state of effort, which most assuredly can be found on the roads and trails and tracks even if it can't be isolated to your satisfaction in the laboratory. The stressors and associated adaptations perhaps have one or more skeletal muscular components, but they also include some myocardial components, pulmonary components, neurological components, etc. Moreover, the true effectiveness stems from the fact that all of these systems are working together in unison during sustained effort.
Read just a liiiitle bit closer. I've often advocated segments of "crest-load" running at the very end of the "yellow zone" and briefly dipping into the "red zone" during the end of some of the latter segments. This would be stuff like 3-5 x 7-12 minutes on / 2-3 minutes off, with a total of about 35 minutes (give or take a few) spent at the speeds leading to those states of effort. This isn't a new training method either (people were already doing this in one form or another when I started running back in the early 1970s), but it's an underemployed training method. It can also be tricky (just like continuous tempo running) to get the effort just right for regular use. In light of the idea that lactate appears (for the moment) to be our friend and has no hidden plans to sabotage us, it makes sense to do some sustained running while producing (and therefore using) medium amounts of lactate.