> When faults happen though, recordings are automatically made available.
Depends on the fault. Without dedicated measurement in place it's still a lot of (literal) legwork to install current and voltage loggers.
> Some of these measurements can have surprisingly high frequency sampling, even though the grid itself feels "slow".
Sure. But especially in a world dominated by more and more solar and wind, where something like a cloud passing by can easily shed hundreds of kilowatts in a matter of seconds, the grid needs much, much more data across the board and everywhere - and much, much more battery storage, both centralized at substations and decentralized in people's basements.