I feel SVT will be extremely useful and a big contributor to SA specially around dangerous high elevation terrain, approaching through valleys and such. I do not see it as just “eye candy”. It is not a replacement for solid training of course but like HUDs & autopilots its just another tool. I do agree with the cost factor but lets see what the future brings.
Loss of SA in airliner flying is thankfully very rare (when was the last time we even heard about it on the news) but it does rear its head and overwhelms even professional crews.
See the examples below of old accidents. SVT in such situations like this would make a difference. The 757 was aimed right at a mountain.
And this Airbus also hit a mountain in Nepal
Both the above were airline crews, sometimes the brain becomes saturated with all SA lost and just seeing a big PFD with terrain accurately shown even in hard IMC or darkness could make the difference.