Yes after I recently discovered that even with squash & merge, the intermediate history isn't lost: they are not in the git history but they can still be viewed on GitHub.
My understanding is that these commits don't get garbage collected ever. After all they still need to support `gh pr checkout` so they need to store them forever as part of the GitHub repo. Sure they won't be included in `git clone` but that's kind of the point.
I mean the PR data. The main advantage of a forge like Github are being web browseable, working great as a backup, and the PRs (and other stuff like artifacts storage and CI). All of these have alternatives and are optional. And the API is comprehensive enough to not feel locked in.