They increase the use / value of lites.
I hardly ever use disposable cells in any platform... With AAs, for a long time I used NiMh.
When I moved to 123's, I started using Li-Io 18650 cells, which are superior to NiMH. More compact, more power, and yes demanding - needing more attention, no discharge / overcharge situations. I have some premium ones and also AW cells and also a ton from old laptop cells packs. With 1x18650 I can use any cell, protected or not.
But for serious business, I would switch to 123s.
2x123 or 1x18650 in Surefire 6P size is the ultimate compact EDC lite, more compact than 2xAA and more power.
3x123 holds much more power than 2xAA, almost as compact and easier to hold. 2xAA is too thin.
There is really no reason to use AA Alkalines at all, ever, haven't used them in years except in remote controls. Same thing for Mag D lites, just laying around unused. I guess the only thing I would use them for is when I need lots of throw.
Now a lite that can take any kind of cell, use a FiveMega body like 3x123 and a low powered P60 drop in module like M60LL and you can use:
2x18500
1x18650 with spacer
3x123
2xAA of any chemistry
Brightness will vary based on the cells installed, so yes you can have it all. Use either 123s or AA (NiMH or Alks or Lith) in the same lite.