i can't dispute your claims RSI as i feel you have much more experience with this stuff than me, but i will stick to my belief that i have yet to see anyone come on this forum and say their closed cell insulated lines have failed. and when and if i do, i will still say that from all the wrapped failure i have heard of, it may be 100 to 1 and my bets would still be for the closed cell foam.
and if someone does not mind cutting the extra 4 or 5 cords of wood, hell..save your money and dont by the wrapped stuff either...just put the pex in without any insulation