At this point and time No One should have to do a complete erase and reinstall.
Sure there is. If you have a problem that only affects a very small subset of users, there is likely something unique about your configuration. Eliminating all possible software conflicts is a necessary troubleshooting step. You can uninstall one-by-one, but it is simpler to just nuke it and test.
I must have missed the post where someone reported doing that. The closest I found was someone tried it on a Mac at an Apple Store. It could be something with the new hardware. As I stated, I do not see the problem on my two older Macs. There also isn't thousands of people piling on with "me too," just a handful. So, the problem may be fixable, but you can't fix it without troubleshooting.
It could be software, it could be hardware, it could be specific file type.
The largest video file I have to test is 4GB and it opened immediately without any "verifying" dialog box. That was on an external spinning hard drive. I tried a 2.5GB file from a NAS mounted via SMB. Same result.
It may not be worth any of your time to troubleshoot, but that's pretty much all you've got if Apple says it works as designed.