It depends what you mean by discoverable: option+mouse action is a pretty standard macOS convention for alternate behavior and “double-click == drag all the way” isn’t unreasonable. The behavior of option+double-click is discoverable by simple composition of these features.
Also, most of this sort of functionality is documented in the built-in help system accessible through the help menu.
I used macOS for about seven years before someone told me about this behavior. Never would've found it, otherwise.
I guess if I had been using it for twenty years I would've known about those old patterns you describe and would've thought to randomly try that key combination.
A tooltip at some point would've gone a long way. Pretty much an impossible feature to discover unless you're a toddler randomly pressing buttons or a greybeard that remembers OS 9
Apple Finder engineer here from 2000 - 2006 and would never have guessed about double-clicking or option-clicking window edges. This seems more like something I would have added to the Nautilus code in 1999.
I've used Linux command lines with more discoverability than that. Good to know if I ever need to use macOS, though, that's a nice trick.