I mean you said it yourself: if you have terabytes of data, BD isn't practical.
I feel like this is all just two totally separate use cases. Nobody wants to burn 20-40 BDs per TB, just like nobody wants to use a tape drive (or maintain a RAID array, or whatever else) to back up 500GBs of family photos and tax documents or whatever.
At some point the volume of data dictates what solutions are practical.
Yeah, with you 100% here. It's all about the volume and use case.