Blueback,
You addressed Thataway, but I hope you don't mind an additional response -- my opinion and experience.
First of all, you are correct. The vast majority of builders and dealers simply use a bedding compound to "seal" penetrations into core. Some shops - many semi-custom and custom - do close out the core with thickened epoxy, or by laying in solid glass to begin with. This takes more time, and so costs more. The general public is not necessarily aware of the need/advantages, and no-one really is looking to pay more for a boat, so this doesn't change quickly or with everyone.
I do think it is important. Likely that's because I've spent countless agonizing hours removing and replacing saturated deck core, almost exclusively caused by leaks that got past bedded fittings. I've also seen many otherwise great boats consigned to the "out back" area at yards where boats go to die. Often this was because leaks had caused deck core problems, and, if one is going to have a yard repair them, it can get very expensive (labor). Hence many older boats aren't "worth it" and they go out to pasture.
Having decided I was past my re-coring days (I sure hope, anyway), I made sure my C-Dory was 99% dry when I bought it (had been stored indoors). But I immediately set about eliminating that 1%, plus prophylactically closing out the core on other penetrations. I know myself, and I couldn't relax using my boat otherwise. Also, as annoying/time consuming as it is to do this, it's twenty times harder/more time-consuming/more expensive to correct problems than it is to deal with it before hand.
Now, does that mean every cored boat (including every C-dory) is about to become soaked? No, not at all. First of all, it takes time. Secondly, there is some luck involved. Some only-bedded hardware lasts longer than others. Thirdly, there is usage. If one's boat is stored indoors or under cover, and then one takes it out ten times a year for a week or a month, it doesn't really get a chance to have a problem. No water (or water for a short time period) means no leaks and no damage. Also, the more/harder a boat is used makes a difference. Boats "work" and flex some when underway (or trailering), especially when in rougher conditions. This is going to be more likely to "loosen" a place that is only bedded, not closed out, and potentially cause a leak.
That's how I see it anyway. Luckily in the boating world it is still basically up to each boat owner to proceed as they see fit, and for the most part no-one else need agree.
Sunbeam