There is a lot of merit to this approach. Even in PRS I do not chase 1 hole groups. Brass, Barrels, and Bullets mostly make the group size, especially if you lump the chamber/thread/crown job into the barrel part of that.
Once you have a system that produces the needed precision for the task, you're done. You should then go use the system for what the intended purpose is.
In my experience, if you have the 3 B's and also the bedding and scope are good, you will have a gun that will shoot just about every load well.
There is merit to load development, but not the way most people do it. The only purpose is to proof the system and eliminate bad loads.
I like the price (the old price anyway) of Hornady bullets and still use them for hunting. I can usually shrink the group significantly by sorting or switching to Berger.
If you have good brass (Lapua, Alpha, ADG, Peterson) and Berger bullets it should be no problem for a book load to shoot MOA for 10 shots. If it will not, the problem is usually in the bedding, scope (or mount or rings), or chamber job. Fiddling with powder charge and seating depth will not magically fix that. I have had several scopes with a click or 2 wandering zero. That makes your group look a lot bigger than an optic that is rock solid.
In my experience, bad loads are typically bad bullets. Sometimes a powder or primer change will bring things around. If that doesn't solve the problem, call your gunsmith.
I am glad to see this stuff being pushed out there. You do not have to "develop a load" to shoot. There are very few bad loads if you use a known good book load. Check for pressure and make sure it shoots to your requirements (use large sample size testing). Done. Go kill stuff or win trophies.