The old methods require OMXplayer/MMAL decoding and these were removed from Kodi (c.2018) in a purge of vendor proprietary decoding methods as Kodi moved forwards with open standards (GBM/V4L2, VAAPI, VDPAU). RPi devs have reimplemented the video pipeline for older RPi0/1/2/3 boards using GBM/V4L2, but the end goal of that effort was to upstream all their kernel driver code instead of hoarding ever-more in the downstream RPi kernel fork. The CPU+GPU approach, while clever, was always a big hack that would never be allowed upstream, and as it would be architecturally hard to reimplement (rewriting from scratch) under GBM/V4L2 the work has never been done. Around the same time RPi4 also launched bringing native HEVC decoding. There was no intent from RPi devs to "drive RPi4 upgrades" by not reimplementing the CPU+GPU approach, but it did reduce the need.
Having never used PINN, I can't really say whether downgrades are possible, but going back to 9.2.8 (or I think 9.2.6 for RPi3 as 9.2.8 was a respin solely for RPi4 support) is a big jump, so best to reimage and start over clean.