I recall there being pcbs that had 4/8 channels (all the same) along with controlling circuitry, and they were expensive for the problem they'd be solving. They didn't seem to be for trimming, and I knew I needed something with more flexibility. For example, here are the trim pot values from the k7200 remote board (copy/paste from realbobroberts)
10K Ohm Trim Pot - Contrast
2K Ohm Trim Pot - Black Level
30K Ohm Trim Pot - Vertical Position
200 Ohm Trim Pot - Vertical Size
500K Ohm Trim Pot - Vertical Hold
500 Ohm Trim Pot - Horizontal Position
I can't use that same example to tell you the current limitations because he doesn't show the actual part numbers.
Steps, tolerance, and accuracy for the pots aren't super critical. They just need to have a range and not melt themselves or the monitor. You're not trying to calibrate a picture to a fine laser-etched overlay grid; you just want pac-man to look more like a pizza than an egg.
I've had my WG on without the board attached. It wasn't usable, but it didn't die. Then again, I didn't leave it like that to find out if it was going to.
To answer your 'Why' question, I didn't bother with it because I added a vertical cabinet (std res monitor) to go along with my horizontal, and I put a D9800 multisync in my horizontal. Both use GroovyMame, so I don't have to manually adjust very often. On the vertical, I just slide the control panel forward to get to the knobs if I need them.
It still seems like a cool solution, and I do have a couple Arduinos sitting here, so I might have order some parts and take a closer look... when everything else is done around here.