There’s no such thing as a simple wipe and reload. That’s a myth put out by bad movies. Out here in reality all your data matters, and losing even an hour’s worth can bankrupt you.
Losing all of it, or a weeks worth is better than having an accrued since yesterday backup to reload? Hands on manual work to catch it back up to were it was?
I don’t buy it. If everyone of us has the capability to do this I have trouble thinking that a software company cannot.