Yep, they sure do. And if you're kicking around so fast that it's affecting your SAC rate then you really deserve the short bottom time. Slow down. The slower you go, the more you see.
If you slow down in current as often as not you get swept away, and I frequently dive in current. You can't fight strong currents for long, but currents of 1 knot or less are manageable. So I aim to minimize my drag in any practical manner. I also sometimes hunt and when doing so I might have a need to cover a lot of area or to chase down a fish or a crab.
If you read my original post again, you'll notice that I only stated categorically that an inline octo would produce more drag than an inflator by itself. This is self-evident. An inflator is much smaller, hence less drag. I then went on to say that an inflator + octo could "arguably" produce less drag than an inline octo due when worn necklaced and I'll stand by that statement. I think it's a very arguable point. Does it produce less drag? I don't think anyone really knows, but the reason I brought it up was to make the point that just because an inline octo eliminated a hose didn't necessarily mean it would reduce drag. Eliminating the hose however, is also a self-evident reduction of drag. If you'll notice, I ended that post by saying, "dragwise, it's probably a wash." And what I meant by that is that I think an inline octo probably creates as much drag as it eliminates.
FWIW, I have done many dives with a SeaQuest inline octo. I didn't stop using it because of drag, but because I found it somewhat clumsy compared to an inflator on a short hose. It developed a leak one day, so I switched back to my inflator and after using them back to back I never put it back on.
If you like your inline octo, that's fine with me. I don't hate them or consider them inherently unsafe and I recognize that they also eliminate a failure point. I just view them as a compromise resulting in a mediocre inflator and a mediocre octopus.