There seems to be respectable models demonstrating a lot of planetary activity in the solar accretion disk. Planets can migrate into their host star; the larger planets may migrate faster, maybe. I suspect this migration, along with the number of total plaents formed (including the fried ones) could toss some Mercury-sized planets out there. Have there been any articles on this?
Also, you don't have to go all that far out there for a Mercury-sized planet to drop below a 30 magnitude level. [I'll compute if you like.]
We know time flies, we just can't see its wings.