Part of the reasoning is that 15/32's of the 1/2" is doing the registration for that last 1/64.
Agreed it's very tedious work, once the back is flat on a western plane blade I will only work the front and for my jointer I use the ruler trick. For Japanese stuff I run the full series of stones on the back and then on resharpenings I only work the front 1/2"~ on the the finish stone, pretty much never reworking the back again on lower stones unless I cant get the burr to come off, which would imply there is an issue.