I agree, there might still be benefits for jogging easy. One, for sure is accelerated recovery - since jogging easy gets the blood flow going. Daniels is famous for saying that stroke volume maxes out at around 60% of max HR, so your heart would pump as much blood as it can already at 120 HR. This would indicate even aerobic benefits, but I still doubt an elite/well trained runner is getting much out of very easy runs, such as the mentioned 120 HR.
Farah was allowed to run slower than his 5:30/pace, but only when he really needed a recovery run, like after a race or hard workout. This might be 6:15/mi, but it's not the pace he is aiming at just that on that day he either couldn't go faster or it would have been detrimental.
Still, Salazar's and my point is many runners do their easy days TOO easy. Just as many do them TOO fast (like going above threshold or turning every easy run into hammering the last few miles wasting precious glycogen). I think the Daniel's easy pace is quite good, since it goes from one extreme (Salazar's fast easy runs) to a pace that's quite a bit easier, but still solid for a runner of that vDOT level (on the slow range of his easy pace).
And yea, Meb is totally right. It's not about elites vs non-elites, but about new runners vs seasoned runners. New runners need to run very slow on purpose or they won't develop the right system, each of their runs could have a large anaerobic component if they just go a little too fast. But well-trained runners with a highly developed aerobic system (might be 14 min, 16 min or 18 min 5k depending on the talent) can definitely run a bit faster on easy days, for example in the 140s instead of 130s HR roughly.