Not quite. I wouldn't say the acid is obviously unsuitable. It probably will work, it just might not be the best possible acid for the intended use. The other thing to consider is that the patent process is lengthy, it can take 3-5 years from filing an application to getting a grant of a patent, and obviously research and development continues in that time. There is also something called "first to file", so if two people invent the same thing, the first person to file an application with the patent office will get the patent. So there is great incentive to file early in the R&D process. Maybe at the time acetic was the workable solution, and the patent was written that way, but as time went on a better acid was found.
The flip side is that a better acid was known when the patent was written, and it was decided to deliberately obscure that by suggesting the use of acetic acid. I wouldn't call it a lie, as the acid specified must work - otherwise the patent could be attacked for non-utility. Think of a patent like a recipe in a cookbook. It's a description of steps the reader is to follow to obtain the promised result. Like a cake recipe, substitutions are possible and you'll still end up with a cake at the end. Is saying to use baking soda when baking powder might make the cake rise a bit higher a blatant lie and crooked?
There might be a commercial advantage to conceal the best acid and simultaneously render it unpatentable by others - a risk is that if someone started making a developer with the other acid and Ilford decided to sue for patent infringement, Ilford's patent might be held to not cover the other acid. That is for the courts and expert wittiness to determine at that time.
The patent rules and regulations are remarkably similar around the world, so this sort of thing goes on in most jurisdictions. The reasons to be vague will vary depending on the objective of patenting and there is a calculated risk in doing so. If the patent is purely defensive and is intended to preserve the right to do what you do, then the patent would describe exactly what you do. If it's intended to keep other players out of your area of interest, then you cast the net wider. Maybe it works, maybe it doesn't.
The other thing to remember is that simply because you write something broad into the patent application, the expectation (and the actual practice) is this that the scope is narrowed by the examiner at the patent office. It's like selling used goods in the small ads - you'll almost never get a buyer willing to pay your asking price right away, you negotiate a bit; so you ask for more than you expect to sell it for. Patents are the same, ask for more scope than you really want and the examiner will cut you down to what you really wanted in the first place.