No, but a jacket BC isn't suitable for everyone either.
Please, everyone step back and think about what you are saying. . . please. You CAN make any dive with any piece of gear, it all works. You can have an uncomfortable fit in any system, and a comfortable fit in any system. BC's, BP&W, both hold your tank on your back. . . they don't make you sexier, thinner or all of the mental garbage that goes on here on the web.
I've been diving a long time and used all the gear you like to argue about, and a few you'll never know. I came up alive from every safe and unsafe configuration. The different configurations are appropriate for different circumstances. Some scream about BP&W is all you see in your neck of the woods. . . You live in a small bubble, and probably dive advanced dives. You can hang more tanks on a backpack than you can on a jacket, horse collar, back inflate. . . but a back plate is only comfortable on a thick wetsuit or drysuit. Two inch webbing eats, sunburned shoulders in warm summer diving. More divers take lessons in warmer parts of the country, an many won't dive with a wetsuit, or a thin suit.
Dive centers rent jacket type BC's because they fit "pretty well" and are easy to put on for inexperienced divers. Inexperienced divers make up the greatest number of divers, with few every staying long enough to become experienced enough to benefit from the real advantages of a BP&W. Tell 10 diving students to re-thread and adjust strap for a plate, and no one will reach the water. If you have a dive class in the northern part of the country and you have to start students in dry suits or 7 mm suits, only determined students will finish putting on the suit. The ones that do are going to work harder than most new divers.
Take a broader look at your diving needs, and the needs of the countless beginning divers in tropical resorts that just want gear easy to put on, to make a few vacation dives. Many will never dive again, but they remember diving as a fun activity. This past weekend, the wife of a friend remarked about all the trouble of suiting up and the amount of work it took to make a few dives. We're maybe senile, but we were looking forward to the fun we were going to have, not the work and sweat of putting on a wetsuit in 95 degree weather.
Mike Guerrero. . . please don't take offense, Your picture as a first year diver, compared to your second year diving changes. . . it will change more. As you become a better diver, and some of your gear shows wear, you will make changes to better fit what is working for you, and what is not. There will be people on the board that will hate what I say. . . OK, work with beginning divers, work to keep them diving, Jump around the different specialties of diving. . . And I wish I had pictures each year. Some of what I wore would make everyone laugh, some might run in fear, from the crazy. . .
When I dove doubles and triples, I wouldn't think of anything but a plate and webbing, nobody I knew then wanted a wing to tear. Laugh at me for being old and comfort is more important. Those of you that think the plate "looks pro" a pro is diving with anything cheap, it's badly worn out, and you won't want your picture taken. Into my late 30's I still put on a plate with singles and doubles, by standing behind the rig, Grasped the tank through the arm webbing. . . up and over the head, and held on till I slowly lowered the plate into place. Why, you don't mess around on the surface when you're supposed to be working on the bottom, there is no one there to "help", everyone is gearing up quickly. . . If you want to try this- do it in waist deep water with no one nearby that could be hit by flying tanks. It's not for safety, not for show, you'll scare lots of people if you do it right, you'll really scare people and maybe hurt yourself, if you do it wrong and a tank goes loose, or all the hoses become tangled.
All this is just toys, to have a good time underwater. Dive the fun stuff, and avoid the scary stuff until you're experience or foolish enough to think some things look like fun.