To flip videos that have been flipped, or for watching a video in the mirror. Maybe it's 1 in 100 videos, or even less, but it's so nice to be able to just toggle a button that flips the video properly.
Not OP, but there's a lot of unscrupulous videos out there that flip video horizontally to evade content matching algorithms, and plenty of videos taken on phones or web cams that get flipped as well
You can even customize browser UI using userChrome.css to revert new style of location bar or remove some items from context menus, and even more. This guide should give you some ideas: https://www.userchrome.org/what-is-userchrome-css.html