But the analysis doesn't stop there, because after the raw quality wash, we have to consider things LLMs can do profoundly better than human coders can. Codebase instrumentation, static analysis, type system tuning, formal analysis: all things humans can do, spottily, on a good day but that empirically across most codebases they do not do. An LLM can just be told to spend an afternoon doing them.
I'm a security professional before I am anything else (vulnerability research, software security consulting) and my take on LLM codegen is that they're likely to be a profound win for security.