The grounded service conductor - a circuitous path, and not specifically mentioned as one of the methods. 250.92(B)1 describes an action, of bonding a generalized term "equipment" to a specific item - "the grounded service conductor". In 250.92(B)1~4 it makes no mention of that conductor being used as a bonding jumper. IMO...
Call it a a bonding jumper, or tuna sandwich if you prefer, but it does make specific reference to multiple components being connected to a single neutral conductor.
The metallic raceway is a path of continuity that does not disappear with the addition of the circuitous path through the grounded service conductor. It will continue to be conductive unless purposefully and intentionally isolated. And IMO not fitting the letter of the code as written, as electrical continuity is not assured on this path.
Let's back up:
250.92(B) Method of Bonding at the Service. Electrical continuity at service equipment, service raceways, and service conductor enclosures shall be ensured by one of the following methods:
(1) Bonding equipment to the grounded service conductor in a manner provided in 250.8
(2) Connections utilizing threaded couplings or threaded bosses on enclosures where made up wrenchtight
(3) Threadless couplings and connectors where made up tight for metal raceways and metal-clad cables
(4) Other listed devices, such as bonding-type locknuts, bushings, or bushings with bonding jumpers
Put simply, these items...
1. Service equipment (which would be meter sockets, service disconnects)
2. Service raceways
3. Service conductor enclosures
...must be bonded. "Bonding" is defined as "Connected to establish electrical continuity and conductivity" by Article 100. Does that look familiar? Electrical continuity = bonded.
How are we to bond it? There is no EGC! They tell us to...
1. Connect the item to the neutral.
2. Connect the item to the next can beside it and ultimately connect that can to the neutral using one of the methods mentioned.
Daisy chained or spiderwebbed makes no difference. The item is either bonded, or not bonded. There is no half bonded. There is no requirement for the bonding to occur in any order, or twice. Bonded is bonded.
In your picture, is the nipple bonded? Yes. Then it is bonded, complies with 250.92(B).