Dissipating gasses when the pads "gas out" is definitely another benefit and one of the primary reasons for slotted rotors. The heat dissipation does depends how you use your brakes. You'd have to do some reading on this however they do need more of an on/off application to be fully effective. I figure the benefits of a good set of drilled and slotted rotors far outweigh the negatives when they can be had at cost less than OEM. To each their own.
I will look for the test however in a simulation for heat of using a drilled rotor vs that of solid, braking for 5 seconds on, 15 seconds off, and repeating this over a three minute period resulted in 22% lose of braking force and a 150 degree hotter temp on the solid rotor. That 22% figure has a lot to do with the gas off but lower temps also help with that.
You are right however that cross drilled rotor are much more prevalent to develop stress cracks under heavy use and that they should be occasionally checked throughout the pad/rotor service life. there is some discussion out their that cast holes don't exhibit this problem as much as drilled holes however I do not know of any cast versions for our trucks. If you rotate tires on a 5-10k schedule as most manufactures suggest, a visual check can be done at that time fairly easily.
This still comes back to the fact that there are better products available at prices similar and or cheaper to OEM, even if you want solid rotors.