The problem with small, custom-fit cases, is that you end up needing a ton fo them to actually carry your "come get me" stuff. With 1 canister, I can carry a PLB, glowstick, whistle, mirror, dye pack, granola bar, fresh water pouch, and have enough room for a Nautilus is I wanted to go that direction. Rescue streamer attached to the outside only because I'd need a canister twice as wide if I wanted to put it inside. Guys that carry even more than that end up needing a bunch of cases and dry bags and stowing them all over the place.
Different strokes for different folks, but I don't end up like a Christmas tree, all the giftos all over the place. One canister that's attached to me, requires intention to remove so it's not going to get lost, and capable of carrying multiple, useful items of varying levels of "comegetmeness," is the ticket IMO. I can go from whistle, to mirror to the proverbial "pop smoke" if I need to, including enough of the last mile goodies to give me the best chance of getting picked up.