Hello Roger,
The explanation is in the word "would". As your subject line says they are expensive. Often the scenario goes like this: XYZ Corporation comes out with the super-gizmo IA. Then their marketing folks decide to "skim the top", meaning to milk the high-end market. This is short sighted as it will preclude the design-in into more mainstream apps. Design engineers will seek and find ways to achieve the required performance by other means. IOW, the super-gizmo IA then remains an expensive boutique part. Seen that many, many times.
It doesn't. Unless the cost picture would match. But even then it's often too late because once a design is ECO released a drop in price of a part will hardly move anyone to go through that whole ECO process again. Many a sales guy has tried. Sometimes I am asked why I didn't consider this or that part. PWM controllers, nice RF chips, you name it. The typical answer is "I would have if you guys had set the price right in the first place".