I'd agree 100%. Frame locks are popular because they are relatively cheap to design/produce and keep profits high, period.
While we rarely see a frame lock fail in use and hurt someone, it's almost daily we see posts about problems with frame locks: lock stick, lock rock, poor detent, lock failure, lock bar pressure, over/under travel, lock failing with a light spine tap, etc. etc. At least 90% of the knives I've been disappointed with/had to send back was related to a frame lock issue.
As you said we've also seen a host of "band-aid" fixes to improve the frame lock and some of them do work. It's also clear that while it's "easy" to make a frame lock, it's very difficult to make it right all the time. I've seen problems with many of the big name mid-techs/customs and all of the big production companies with frame locks. It's always taken care of, but it's by far the lock with the most issues.
Now other locks have issues too, axis lock springs fail, some have vertical blade play, etc. The compression lock has had some issues, mostly with lock stick. However we go weeks/months between those issues being posted, not hours/days with frame locks. Every lock type has some design limitations, and advantages. The frame lock is easy to open and close with either hand quickly, and easy to make a flipper which are all the rage now.
Given the choice, I'd trade almost every frame lock I have for the same knife with an axis lock and not even have to think about it. It's not that I think a good frame lock is a liability, but it's hard to ensure you get a good frame lock, and even when you do there are IMO clearly better choices when it comes to lock strength and blade security. If I keep a frame lock, and I have several, it will not have any lock rock, lock stick, it will have enough lock face engagement, and the lock bar will not move with a light spine tap, anything less it gets sent back and many of them have over the years.
That said if I was really hard using a knife that required twisting, or being pushed into/out of very tough media like rubber etc. and I couldn't use a fixed blade, you can bet that knife would be a triad lock, I don't like cold steel but that triad lock is a beast.