Rick,
I partially agree with you. As an engineer, I tend to analyze designs and have done so in my jointer research. The parallelogram design is clearly superior. I think it is especially so over the looong term (and larger machines). I suspect if you take a Grizzly 1018 and a DJ-20 and subject them to a decent amount of use for 100 years, the DJ-20 will come out much better.
I personally don't know the actual effect of having the tables closer to the cutterhead. First, are they significantly closer in the small range that we actually use them? Second, does it actually make a difference in tearout? Probably, but to what extent I don't know. My feeling is that the new helix cutterheads make a bigger difference. So, that is the route I've chosen.
Dovetail ways do wear. The 1960s Rockwell 6" I restored is proof positive of this fact. They have adjustments built in to take up this wear. Not a great design, but it works. If I was running the thing day in and day out, I would want a parallelogram design to minimize the hassle/lost productivity associated with adjusting the ways (and more importantly ruining parts before realizing it). But, in my hobby shop, it is years between adjustments. Heck, I don't even know how many years yet. I do know that the locknut adjustments on my Grizzly is a much better design than the little mini-screw adjustment on the old Rockwell. Without locktite, that thing could vibrate itself out of adjustment in a couple hours.
For a jointer larger than 8", I would definitely start looking at parallelogram design. I think the added mass would cause more wear and the larger heavier tables are more likely to sag. As you mentioned, the ability to remove the tables and have them surfaced individually is a big plus. I don't think there are too many large jointers that don't use parallelogram designs. Most of the large old iron did too I think. You're right that Delta is not a "pioneer" of the design. But, they were the only ones to offer it in a smaller competitively priced model.
There are plenty of 50+ year old dovetail way 8" jointers still in use today. So, I think one with moderate use should last a good long time. There are some who say the modern Asian cast iron isn't as good as the old american stuff. They think these jointers won't last as long as the older ones. Maybe ... maybe not. It kind of makes me laugh. In 20 years, I wonder if people will be paying a premium on ebay for those great Taiwaneese made jointers from the 1990s saying "That cast iron is better than the new stuff" .
Jay