The thing is, regardless of your ability to put out a fire with the fire extinguisher, it will only be in your screen, and if you're in a position where you're surrounded by fire to begin with, you were probably already fucked. What's so awful about dying once in a while? Being a VIP shouldn't protect you from being killed. I highly doubt fire extinguishers would ever be used to extinguish fires. Instead, we'd have VIP Presidents extinguishing all the terrorists trying to get up the the Really Pointy Building in SF.
Thank you to whoever was involved in moving this to the suggestions section, where it belongs (instead of the VIP section, where VIPs argue for even more ostentatious special privileges to show off their "VIP-ness" with no input from the rest of the server).