For most people with ten-cent electricity, it's generally not worth running anymore as the prices you can buy them at today are too high to justify buying. They're just fine if you have some right now but they'll become the next S5s in a few months. I noted once as it's possible ASICboost could give a little boost to the now older S7.
The hardware is not obsolete just because some people dont meet the requirements to run it profitably. You dont call a 2 year old car obsolete just because there are no paved roads where you live to drive it on. At $0.03 power they still profit about $58/mo after paying for power.
As far as the ASICBOOST goes does anyone know if it is even baked into the BM1385+ chip? As far as I understand the whitepaper for asicboost came out early 2016 and bitmain had been producing s7's since summer of 2015 which would lead me to believe there is nothing in the hardware of the S7 as far as ASICBOOST goes.