weakened crypto that will be the demise of your Android rather than exotic exploits of your wifi.

I don't think there's any truth to this - if the crypto were weakened you'd see it broken by that quite quickly - but it's quite strong and follows well accepted stands in the cryptography community, have a look yourself if you like. It's using dm-crypt and dm-crypt is fairly heavily tested and reviewed. Debian and likely Purism use the exact same, so certainly wouldn't be any better in that way.