I think, when we advance technology, we have to also consider the effect on skill it may produce.
Car technology is a good example. One problem they tried to fix was not being able to see behind the car when backing up, so they adopted back up camera's/sensors. Ok in itself, but now there are people who don't even look behind when they back up, they just trust the camera. The technology actually erodes the requisite skill.
That's how I see gas monitoring. When I use a J valve I need to adopt a skillset/behavioral pattern that allows for safe diving. I have a plan A, plan B, plan C. I would agree that the hardware is less accurate than when I use an SPG (or if I used a functioning AIC). But what I hear, and see, is people dropping, or not even being aware of, safe behavioral patterns because they now believe the technology is "safer".
These days I fear repetitive diving close to the NDL's and cutting reserves to the edge at depth far more than I do a failing J valve. The only failure that really has is accidental tripping and I check lever position about as often as I check my SPG. Even if it failed completely, and I go OOA, my profile has me in the shallows at the proper time and I have the skill to do a short direct ascent or CESA.
But I do concede that philosophy is diver specific and users on both sides of the equation can or can't adopt it.