The standard pre-jump procedure with a Revo with RMS is to pre-breathe the unit to show a minimum of 45 minutes on the scrubber indicator (integrated into the Petrel). This shows that the scrubber's warming up through the CO2 reaction.
AFAIAC, this means: that the unit is basically working; that the scrubbers are installed (will show xx if they're not); that the scrubbers have 'sorb in them; that it's an indication that the 'sorb isn't expired.
It won't detect a leaky mushroom valve (unless it's completely folded). It only knows where the scrubber front is.
By the time you've waddled over to the back of the boat the scrubber time will be well over an hour and by the time you reach the bottom it'll show the estimated full time of 3h (to cycle).
It's not bullet proof by any means. But it's a great indication that the box of death is currently working to some extent or other.
Also, the Petrel shows a scrubber page with the previous dive's ending scrubber times.
My opinion is that I'm happier with that scrubber indication than without. It's an indication that it's working, not proof that it's working, nor proof that it's not passing CO2. On my bailout earlier this year when the scrubber was flooded (completely my fault) I do not remember the RMS dropping or warning me.
After any but the most trivial of dives, say less than an hour and not deep, I'll always cycle the scrubbers (i.e. move the bottom scrubber to the top, refill the the top scrubber, put it in the lower position). As this entails ditching 1.3kg/3lbs, it's not normally expensive.