I fully understand your position. The other things that I consider more important is the ability to control the amount of an effect on the module level and an over all ability to control the global amount of all the modules. 5 has it 6 and 7 don't. I agree about the reverb. There are far better solutions for that. So its not a loss to me.
Taking all that into account 7 with Insight and the ability to use modules as independent plugins plus the standalone version of 7 advanced offers sufficient versatility and tools to be a very useful version. It also sounds good. LOL You really do get a lot for your money.