My view is that a legitimate lab needs to have a hypothesis and perform an experiment that represents a legitimate test of that hypothesis through the scientific method. A real lab must go further than merely demonstrating an important principle, it must be an execution of the scientific method - a chance to practice and exercise and become proficient in the scientific method itself with a possibility of flasifying the principle in question. The goals and documentation sent to accrediting agencies usually associated with high school and college labs and lab science courses supports this view.
However, I find it hard to blame the high school science teachers when their labs fail to meet this standard. Labs meeting this standard tend to require considerably more preparation time and equipment expense than oreo-type activities. Labs meeting this standard also require more classroom time to execute, and completing these labs in a 50-55 minute high school class or meaningfully splitting a lab across multiple class periods is difficult. Given the time and resource constraints, the substitution of oreo-type activities in place of real experiments is expected. (Not justified, but expected when asking teachers to make bricks without straw. My point is that the responsibility is shared between teachers, administrators, and districts.) Just last week, I recommended that a local school who sought my advice figure out how to implement a two hour lab period to help address this. I also recommended that teachers of lab science courses have their course load cut from 6 to 4 classes given that all their courses are different subjects (small school) to allow time for improved labs. But do the math on my recommendations. What are the odds many schools can afford and follow them given limited resources?
Another factor playing into the widespread substitution of activities for labs is content-based standardized tests. Other than the ACT (which favors more real labs), most standardized science tests heavily favor subject matter content mastery (regurgitating facts, solving problems with established methods) above designing experiments and determining whether inferences are valid or not from experiments that are described along with their resulting data. Teachers, schools, and districts have very little in terms of penalties for substituting activities for labs, and there may even be slight reward if the activities help reinforce subject matter content through visual and kinesthetic learning. Students don't pay the price until they take the ACT or get to a college lab course where real experiments are required in the lab.
Given the reduced labor crunch, improved facilities, and 2-3 hour lab periods, most college profs have zero excuses if they are substituting oreo-type activities for real labs. There is plenty of opportunity for 14-15 real experimental labs in most semester long college science courses, and I'd love to see an accreditation hit for those who are giving it short shrift.