It has useful methods to deal with relations and a form that rebuilds all valid relations. That's especially usefull if the relation-catalog has references to broken objects (e.g. after you migrated from AT to DX).
@ericof suggested we should add link_objects and get_relations to plone.api.
Personally, I would not be sad to not have AT support.
Please note that I've added the issue in 2015 and I haven't seen (any?) questions and/or requests for an implementation of it - besides a "it would be nice".
If someone is interested in developing, please reopen the linked issue.
What about having a plone.api v2 which is AT free for Plone 6 and above?
A big plus if plone.api v2 should support 5.2 without AT (i.e. travis build should pass) but the default version shipped with Plone 5.2 should still be plone.api 1.x.
That would cover all the current versions that work with Python 3.
If somebody wants to use plone.api 2.x with Plone 5.2 he just has to add a pin to the buildout.
If there are still AT users out there they can stay with plone.api 1.x or do the extra effort to backport the changes to work with AT.
I would not even put in the game Plone versions < 5.2.
Another option is to go the hard way and also remove completely the support for Python2 for plone.api v2.
But that might be too early, see https://plone.org/download/release-schedule.