There's a lot of unused empty space that's unused at the top of the console view (for each channel), as well as in the inspector (I) view. If a 2nd send is used for that channel, then the empty space is reduced to make room to display both sends. If there are 3 sends, it doesn't collapse that space. Note that in the inspector view, it would only show a max of 1 send at a time - user would need to scroll with the arrow button to view other sends.
 
A lot could be used for that extra space - being able to see more sends, or just the ability to see more plugins at once. The plugin portion only shows 3 at a time. There's the ability to display narrow channel strips in the console view, but not in the inspector view.
 
Oddly enough, if you use the mouse scroll wheel on the inspector panel, you can scroll up and see more of the unused space above the gain knob - to the point where there's nothing to be show (completely empty). What's the purpose of all this space, if we can't even use it?
 

Yes, I wouldn't mind each module to be freely sized in height in CV - I had a FR that did not get much love.
A couple of daws I ran allow that - just move mouse between and drag to any height.
 
EDIT: Was blabbing about mixup with Cubase Inspector a bit, removed

Maybe I'm missing something.....but the below is my SPlat (Everett) and I can see all the effects I just inserted and all the Sends I just created in both CV and Inspector. And I don't see the wasted space above the Gain knob (I can't scroll further).
 
As for showing an unlimited number of Sends in the Inspector, click the Display tab at the bottom of the pane and click Module Options -> Sends -> Maximum Visible Sends: Unlimited.
 

 

Maybe this is a case of X3 vs Platinum.