For image editing, the problem is that you might send the same pixel through many different operations, and if you flatten something and further manipulate, then the rounding error will continue to accumulate. So losing granularity early in the process due to alpha can result in accumulated rounding error.
In 3d graphics, the texture typically goes through a very predictable and short number of transformations, and they will rarely need to "stretch" the color range of the transparent pixel. When you alpha blend with pre-multiplied alpha, you're literally just adding the whole color value. And then you're slapping a whole lot of other colors onto it in the lighting/shadow/other passes, so the subtle nuances of that mostly transparent window get lost in the bustle.