Ok, Swanny76109, it's now your word versus mine!
You say that I have not done a chemical analysis so I'm hand-waving.
I say that neither have you & so you cannot confirm whether the chemicals have or have not broken down.
Sure, the chemists would disagree with me - they are chemists & they are trying to be exact. Plus, if they are Caig chemists they a$$ is on the line if they do not take the conservative route & say that after the shelf life the product is pure garbage. (BTW, this tack also helps their sales!).
This is a simple matter that, I feel, does NOT need an argument!
Let's say that the chemical did breakdown. So what?
I say that it will still clean but NOT as effectively. Now, it's up to the owner to either throw away the bottle OR buy a new one.
If you do not believe this rational (& you are free to disagree) then I believe that the onus is on you to prove otherwise. If I'm wrong I'm willing to change my stance.