Electrons certainly don't form standing waves in the way that VCE physics suggests they do; not fitting sine curves to a circle at least. The implicit assumption is that this is how all atoms operate as well; at least, I've seen questions that make general statements about fitting wavelengths around an atom applying to all atoms. If it's just those companies, then ok.
Yes, I think it's fair to say that the model is treated too matter-of-factly and as objective "truth", but that's certainly not to say there's anything wrong with teaching it. Provided that the appropriate historical context is given, it's a very important first step for anyone learning about quantum mechanics. Would you rather have students be confronted with a partial differential equation in three dimensions at the outset of their very first lesson in quantum mechanics...?
You're right, the wavefunction does suggest that the electrons form some form of wave structure which is stable with itself, but these wave functions aren't simple sine curves that we can stretch and squeeze to form different energy levels.
Never said it was, but, again, the idea - provided that it is treated in an appropriate fashion - is really the only way you're going to gently ease students of physics into the idea of quantization which emerges out of wave mechanics. Once again, so long as it's made clear that this was an early model of energy quantization in atoms, and that it is now outdated, I don't see any problem with it being taught (in fact, I definitely think it *should* be taught). Triply again, I agree that this probably isn't made clear by the vast majority of physics teachers and textbooks, which is unfortunate.
As for your point on classical mechanics, classical mechanics generally works very well to a high degree of precision for a lot of everyday scenarios; it's a very good approximation. The Bohr model works for one specific instance where the nucleus is surrounded by one electron, and fails miserably elsewhere. I don't quite see how we can make an analogy here.
The point was a logical one, and it still stands; if you consider the crude model of electrons as one-dimensional standing waves as "false" because it is outdated and because there are more accurate alternative models available, then for the same reasons you are committed to regarding Newtonian mechanics as false too.
However, the more fundamental point here is that people shouldn't be assessing
any scientific models as either "truth" or "lie"
at all, and doing so reveals a misunderstanding of scientific method.
Anyway, take home point is just this: models can be outdated, but that doesn't make them unimportant, especially where scientific education is concerned.