Exactly how much difference is there between a rear inflation BC and a back plate with wings? The two seem rather similar to my, admittedly, inexperienced eye.
In the position of the wing (and center of lift), they are rather similar, as you already note. The primary differences from my perspective are: 1) greater modularity (already noted) of the BP/W, or at least 'easier' modularity; 2) greater a) adjustability and b) universality of fit (already noted) of the BP/W, at least wth a one piece harness - the position of D-rings, for example, can be easily adjusted with a one piece harness, whereas they are frequently sewn into position on non-BP BCDs; 3) inherent buoyancy characteristics; and 4) trim characteristics (associated with the weight placement of the BP, already noted). Most non-BP BCDs are positively buoyant, and add to the diver's weight requirement to offset that buoyancy. With a stainless steel backplate and wing, you generally have a negatively, or at most neutrally, buoyant unit. Yes, you have added weight in the BP - but that is weight shifted from the belt or pouches, and the added weight of the SS BP, for example, is usually less than the additional weight that is carried to offset the buoyancy of a non-BP unit. In fact, the shift of weight (of the BP, and possibly of a metal STA) to the (upper) torso affects trim, in a positive way. With a non-BP back-inflate unit, apart from the weight of the tank and regulator - which should be equivalent with both units - weight is concentrated at the waist (with a belt) or a little higher, in weight pockets with the weight intergated units. With the shift of weight toward the head, many divers (but not all) may find it a little easier to maintain good horizontal position underwater.
There may be, as several have noted, other subtle differences in features - for example differences in padding, or availability of pockets. But, most padding is unecessary to begin with, and pockets can be added to the waist strap of the BP harness, or attached to the exposure suit (dry or wet), so I view those more as variations on a theme, than as differences.