Three pin plugs 'can' be a safety feature, assuming it's all properly wired etc. But three pin plugs and earthing don't automatically make anything 'safer', in some circumstances it makes it more dangerous.
As to the effectiveness of so called 'surge protectors', I would imagine proper grounding would be essential to make them work as well as they can - but cheap ones are probably mostly useless anyway.
It's all very confusing - mostly because there's lot's of confusing and pointless terms used.
Just think class I and class II - earthed or not, that covers everything without confusion.
As for isolation transformers - again, they have their uses, but still don't make everything 'safe' - basically all they do is effectively disconnect the neutral wire from earth. So you've now got two power wires, neither of which is live or neutral.
Really you need to understand why things are done certain ways, and making it safer in one respect makes it more dangerous in another.
From a service point of view (with 50+ years experience), I spent most of it in an 'earth free environment' as far as could sensibly be done. As with most of the service trade, I wouldn't have dreaming of using an earthed oscilloscope - incredibly dangerous in a service environment. But if you don't know (and understand) why, then you're probably safer keeping it earthed.
I read that surge protectors protect between Line and Neutral, Line and Ground, and Neutral to Ground. Mike Holt was saying it's a myth that you need a grounded connection for them to work. He was explaining that it's really about diverting the surge from hot to neutral via the MOVs. I have also read about "Series mode" protectors like Surgex, Brickwall, Zerosurge that are non sacrificial. They cost more. I currently have some Tripp-Lite isobars set up on both grounded and non grounded outlets. But, my goal is to relocate to a new house and have all grounded outlets. I also read that the breaker box surge protector is something good to add as another layer of protection.
I think I have a pretty good understanding of the class I devices and the equipment grounding conductor. Then from your post I'm understanding that all class II is "double insulated" to provide the safety. So, something like a cell phone can't shock you. The floating neutral part is a little confusing if the two-prong is connected to the mains. It makes sense with a battery as the 0V is reference is related to the battery and not earth. I guess with portable electronics it is a battery. So, the battery charger is what is class II double insulated. Or would you also say that the laptop computer or mobile phone is also double insulated?
Would the class II 0V reference still technically be referenced to Earth if the hot and neutral are coming from the wall? Without a transformer, wouldn't the neutral still be referenced to earth? But, after a transformer you have an isolated 0V reference?
Also, what about leakage current and static discharge? Isn't that another reason for the class I design?
I think I do understand the isolation transformers pretty well. Like you say, the neutral is no longer connected to earth. Then, in some cases there is also no EGC, which would make working with an earthed oscilloscope safer. Less chance to blow up your scope by misplacing a probe. But, that wouldn't be up to code if you were actually using the iso transformer in production to reduce noise. I also read about differential probes and oscilloscopes with isolated connections as well as battery operated oscilloscopes.
This has all been quite a lot of information to take in for someone that doesn't even own a multimeter! Somehow I ended up on this path through my background in audio, researching floating neutral vs neutral bonded generators, and discovering that I have ungrounded outlets in my home. It all seems very dangerous, and I'm not planning to mess with electricity very much. If I need something electrical, I will call an electrician. I've gained a lot of respect for the profession. I'm just trying to educate myself a little regarding how it all works both in general and related to audio. Some of the concepts are sinking in a little, but some if it is still confusing. Concepts like ground loops still make my head spin.