I said it before, and I'll say it again: We cannot eat our cakes and have them, too. In order to have new designs, sacrifices must be made. Why have new designs? New designs could bring with them new useful properties or stimulate thoughts that can lead to the creation of other useful things. What is the cost? New designs could bring with them new rules and techniques that will have to be accepted and learned. Without the willingness to accept and learn new rules and techniques, there will be no new ways to solve problems.
Over time, things change; so, what used to be taboo, may eventually be doable without problems. We never used to have Spectra--but we've got it now.
Since no one complains about the interlocking of single loops, then no one should complain about the use of a single-diameter eye within a knot, which is similar to the interlocking of single loops. The "[waste of the] applied load around one of the loop legs" is not waste, but rather a trading of one good thing for another. The situation enables the existence of a new design, which offers something that isn't being appreciated. Is it a bad design, or are knotters failing to understand and appreciate what the new design offers? ANYTHING can be criticized.
A good knotter will know how to take charge of a knot; know how to use it and how not to use it; and know how to dress and SET it such that its performance is maximized, its shortcomings minimized, and its dangers eliminated.
Refer to this post
http://igkt.net/sm/index.php?topic=1920.msg13279#msg13279to see an example of how to take charge of one knot's new rules, which--without a knotter's taking charge--may very well be problematic.
JCS