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I think it’s too good at hiding what’s going on under it.
There’s no anti corrosive properties of powder coat like there might be with primer/paint.
Additionally (and this is an issue with people doing the work not the process or material itself) I think frames are often blasted too aggressively by powdercoaters resulting in thin spots and warping/stresses. I was told by someone that works with sheet metal that they can’t blast just one side of a workpiece, doing so causes it to warp, you have to then blast the back to get it back to (near) flat again. I don’t think that can be good for a frame and I think I’ve seen the result of that in having to repair cracks in frames that have been powder coated.
It’s also a cunt to work with, if doing repairs etc.
I am interested to hear your thoughts on this!