This is generally not the case. It has more to do with airflow, but in most cases the coil is capable of creating enough heat to pick your temperature.
It can be controlled remarkably well, it is consistent and stable.
The relationship between wattage and temperature is highly variable and can be highly unstable.
Don't conflate this technology with previous examples like VW vs VV. This changes the fundamental nature of vaping. The device isn't doing the same thing anymore.
Considering all the information you've provided I'll admit I'm intrigued. Call me a skeptic, but I still just can't see this being the phenomenal leap ahead you indicate it will be. That's not to say you're wrong, or that it won't be, I'm just having a hard time seeing it. At least right at the moment... With improvements in the technology and applying what has already been stated in this thread, then yes it has a possibility....
BUT... here's where my skepticism comes in....The only way they can calculate the temperature of the coil would be using the resistance variance as the coil heats up. That means their temperature reading is going to be an "average" of the entire coil...
So let's say I set this device for 400 degrees.... Ok great... and in a perfect world I set my power levels and with perfect wicking let's say it's hitting 340 degrees (let's say that's the boiling point of my juice).
The juice starts to run dry, the so the temperature increases... Now my coil is hitting 400 degrees... as you say, my vapor production has been reduced, but my rayon is safe and sound...
In this case, wonderful... everything has worked as expected... and I'm a happy and "safe" vaper....
But suppose as you said something happens and a small portion of my coil no longer has wick in contact with it... I get a hot spot in one of my dual large surface area coils...
Maybe the temperature in that small section has skyrocketed to 700 degrees...
But since this device is averaging the temperature over the entire length of wire it only sees an average of 398 degrees.... It happy just keeps vaping away.... all the while I'm wondering why it's tasting funny and I'm sucking those same bad things into my lungs that you were insisting would no longer happen...
So what have I really gained?
I really do get it... at least I think I do... I'm not saying it's "bad technology"... I just don't think it's the end all be all that's going to define the future...