Here is a little anecdote that illustrates why TPMS is not a toy, nor a device to allow people to be lazy, if it is used as it is intended.
The motorcycle in the below anecdote had brand new tires that were inflated exactly to specification, so definitely not a matter of delinquent maintenance.
Last Thursday my Brother-in-law and I were returning from a trip. We had just got on to a major divided limited access highway for the final leg to home. This is an extremely busy highway with lots of very high speed traffic and non stop 18 wheeler truck traffic. The volume is so high that if you are stopped on the shoulder, most of the traffic will not have the ability to move over in to the other lane to put space between you and them, simply because there is always another vehicle beside them occupying the other lane. This is definitely not a place that you want to stop on the side of the road on a motorcycle, unless you have a death wish.
My Brother-in-law's motorcycle is equipped with factory TPMS. In preparation for this trip, this motorcycle had brand new tires installed only three weeks before we left on this trip. As we were riding along, the TPMS warning light started to flash on the dash. We have intercom systems and he advised me that he was getting off at the next exit, which was about a mile away, where luckily there was a truck stop. The leak was significant enough that he made it to the exit and off of the highway, but by the time that he made it in to the truck stop parking lot and parked the tire was completely flat. The tire had picked up a very heavy gauge U-shaped staple that penetrated the tire at a 45° angle, as opposed to going straight in, and tore the carcass rather than puncturing it. After plugging it the best that we could with a tire plug, it still leaked so badly that my Slime portable compressor could not inflate it. The air was still leaking out faster than the compressor could pump it in. The damage to the tire was significant enough that it could not be repaired so, this new tire had to be replaced again.
We were traveling around 120 to 130 Km/h, 75 to 80 MPH, when he advised me that he had to get off at the next exit. At this speed, if it was not for the TPMS, we most likely would have made it past that exit before the pressure was low enough for the rider to become aware that there was a problem. By then it would have been to late for us to make it to anywhere safe on the highway. Just being stuck on the side of that highway with the 18 wheeler trucks whizzing by inches away from us is more than dangerous enough in my opinion, let alone if the tire had deflated to a critical point while he was in the middle of a maneuver where he was committed and could not do anything. This is a good recipe for becoming the hood ornament of a truck.
No amount of pre-ride inspection could have prevented this. The TPMS could not have prevented it either. However, what it did do was provide enough advance warning to allow him to get to somewhere safe before the motorcycle had become immobile with a completely flat tire. This is what TPMS is for, and what the benefit of it is. It is not there to eliminate routine checks or to alleviate the rider of his responsibility to do them. It is there to alert the rider of a developing problem and hopefully provide enough extra time to be able to do something before it becomes a critical and dangerous situation. I don't see TPMS as being any different than the flashing FI light when the ECM has detected a problem. I would rather know that something is wrong while I can do something about it, than not know and only find out when the motorcycle stops without warning.
Is TPMS needed? No. Is it beneficial, and can it provide an additional safety margin? My brother-in-law certainly would answer yes to that question.