Hi James,
Thanks for looking at this aspect, and thanks for your report. I believe you are right -- we'll look into changing the value part into a DER NULL.
The bigger question about the meaning of the extension is something we should document further. The idea is that the RP use the extension to find out what kind of Yubico U2F device was used. We are working on getting a page up on
https://developers.yubico.com/ describing this.
If you have any further comments, feedback or ideas on the attestation part, please let us know. This is an area of the U2F specs that are somewhat underspecified at the moment, and that we hope to improve.
/Simon