Just curious, you seem to be conflating the safety record of tanks that undergo regular hydro and viz ("the statistics back up that there are few failures") with your own experiences as a materials inspector (type of materials undisclosed).
No, you misunderstand. I'm merely pointing out, that the Vis/Hydro inspection process is indeed satisfactory, and as you rightly say, the reported incidents meet the threshold of ALARP (As Low As Reasonably Possible) it cannot be 100% perfect, and certainly there is the possibility (however remote) for the process to fail (again SLA failures while within inspection validity)
As for my experience, I've been involved in Aerospace, Defence and Industrial. so the usual suspects of Metallics and their alloys inc some strange stuff as well as carbon fibre.
Again, people believe Hydro is a better inspect than Vis - it serves a different purpose, and as previously stated, in actual fact Vis is a better inspection if properly and diligently carried out.
When it comes to old tanks, while the Statistics are still valid, the risk does become greater. Yes a new cylinder is tested to 50,000? cycles which can validate the design of a component in ideal conditions, and sure cylinders are over engineered to help compensate for unforeseen events in the life of a cylinder. Yes the loads (not stress) is highly predictable and very simple. No argument.
However with age so increases the risk. I suggest there is only a relatively small sample of old Steel scuba cylinders around currently because wet fills etc were more common back in the day as time passes there will be more steel cylinders out there and the statistics will change accordingly
Regarding service life, ask a cylinder manufacturer to put a definitive life in writing on them (they won't because they can't).
As stated previously it's the shops responsibility to determine if the cylinder is safe to fill. All they have to go on is whether the cylinder is in date, and whether they trust the inspection and their risk level.
In a perfect world you'd eddy current test each cylinder annually on an automated rig (like an aircraft wheel tester) which gives a pass fail, and failures are subjected to inspection by a trained inspector. But the market wouldn't sustain that and of course the current statistics point to not needing it