I can tell you that diving seal-less is common (and well proven) in scandinavian tech and specifically mine diving circles. Ultima rings don't have a huge presence here but most people I know dive with cut back wrist seals with other ring systems or no seals at all. It is fairly common to see people rigging gloves directly to Sitech ovals instead of seals or have gloves directly glued to the drysuit. The biggest benefit is warmth and comfort in extremely cold conditions. Doing that with removable rings requires a reliable system, but at least Kubi, Santi, Bts/nordic and apparently Ultima are good enough.
I don't disagree with the notion you present.
For me, though, I purchased my drysuit specifically with the si-tech wrist and neck seal systems because of the benefits I perceived about the systems, and the systems have lived up to my expectations. I find it easy to don my suit and comfortable to wear. My dives are typically within 45 minutes to 1 hour in length and after that time frame my dive partners are either cold, running low on air, or I am just generally becoming bored and want to change my scenery to something less wet even if that is for only a couple of hours surface interval.
I do not find my gloves to be uncomfortable at all for the duration that is the dives I do, especially if I use the little spaghetti tubes to equalize the gloves with my suit. I have no compelling reason to destroy my seals to gain increase ease or comfort even though I consider my Ultimas to be a very reliable system.
Perhaps if my dives were longer or I was having issues that could potentially be solved by cutting the seals back I would be more inclined to do it.
Perhaps I am just a cheap bastard and want to get the most out of every part of the product I purchased before changing it in irreversible way.
Or perhaps I am just scared of the possibility of flooding my suit on a cold winter's dive, however remote that might be.
The decision to cut one's seals back is very personal choice, and there are lots of personal reasons one might choose to do it, there are also plenty of reasons to not.
Seals cut, seals intact....happy diving everyone!!!
-Z