It seems like I always get these renovation jobs that have poorly installed EMT, often half inch with a zillion fittings..... I actually can't remember a single time having a fault not clear immediately, always works like a charm for me even despite the often poor craftsmanship. I like the raceway as an EGC because you can see it, what I don't trust is all the wire EGC connections either poorly made or not made that you can't see.
Even if we do have a box or section of raceway where that becomes energized and the fault not cleared, really how likely is that to kill or hurt someone? IMO if people stopped obsessing about grounding so much and focused on some other things, overall things would be a lot safer.