Let me try to explain this one more time-
About this blog- This blog talks about "Direct send" (please open the link to understand Direct Send, it is different from bypassing your 3rd party MX and sending email directly to your tenant) where someone can send email directly to your tenant just like any SMTP Server, this is nothing different than how SMTP works. So, what is the need to write a blog about this? Direct send also allows someone to send email to users in your tenant using a from address as your own domain (an accepted domain of your own tenant). Usually if SPF, DKIM, DMARC of your domain is correctly configured, and in strict mode, these emails would either be sent to Junk email or quarantined or even blocked. But there are scenarios where it might not be possible for customers to keep it strict for many reasons. For those customers we have a new setting called "RejectDirectSend" to control this type of mail flow. And to explain this new setting, we wrote this blog. This setting works irrespective of MX pointing directly to your tenant or some 3rd party. Please read the blog again to understand how this setting works and how someone can accept emails from their own domain address (like printer/FAX machine etc.) even with this setting enabled.
Scenarios where customer's MX is pointing to a 3rd party and someone is directly sending to tenant bypassing the 3rd party MX - The RejectDirectSend setting is not going to help customers where someone is bypassing their MX and sending email to the tenant directly (and using any from address). To stop this, customer should follow Step 4 from Manage mail flow using a third-party cloud service with Exchange Online.