Blah blah blah.
PS/2 ports because it's more convenient than putting/relying on USB stack code in U-Boot; not sure if there's any in there yet or not.
Parallel and friends because 1. the 686B provides them for 'free,' 2. it's a huge board, connectors are cheap, plenty of hardware still uses the old interfaces, 3. the initial reference design was for a development board (and of course, however modified the A1s are/aren't, they're being used to develop OS4); plain old serial is, as stated, convenient for debugging. The Pegasos was initially demo'd with MorphOS built for such, too.
Plenty of printers speak Postscript or at least 'reasonable' dialects like Epson ESC/P2 (or whatever it is) over USB.* Plenty of horrible 'Winprinters' that speak parallel - I've got a Lexmark-Compaq IJ900 in the closet... But again, you need a USB stack running, which does take some negligible CPU. (Regular parallel can also be poisonous to CPU time, depending how the port is wired up or configured...)
Being able to use ATX backing plates cut for de-facto standards among Wintel boardmakers is, of course, a convenience, though I'm not sure if the A1s can/can't. (Cases generally ship with one or two for common layouts; as noted, boards are meant to include them as well, since it's a standard-sized hole.)
There's no reason even "ADSL" (probably ATM frames) over USB has to suck, it's just that the current nonstandardized implementations do.
*Epson C80 is one example sitting around here. Though possibly a bad one, since I gather the ESC/P or ESC/P2 business for it ended up juuust different enough for unrelated reasons that some existing generic drivers for the protocol don't always work. Dunno myself, as it's plugged onto a Mac with 'official' support. I'm sure Samsung makes some USB-only Postscript lasers, and Okidata probably has a few USB models that speak a standard dialect of HP PCL.