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It’s also used for sending huge amounts of data long distances. “Never underestimate the bandwidth of a station wagon full of tapes hurtling down the highway.” That’s usually attributed to Andrew S. Tanenbaum, but wikipedia follows that with “other alleged speakers include…” so take that with a grain of salt. They do note that the first problem in his book on computer networks asks students to calculate the throughput of a Saint Bernard carrying floppy disks.
Doesn’t the “missed step detection” on the Prusa printers already achieve a lot of that? I think it monitors the current to the motor and flags any abnormal behavior, without needing extra hardware on the motor.
That’s not to knock the value of positional feedback, which is clearly superior, but just to say that I don’t think this idea has been entirely neglected.