Indeed - as illustrated by the example I recently described.Nuisance tripping will almost always make the lack of discrimination a disadvantage, especially in the case of intermittent faults. .... Fault finding always relies upon a series of steps to eliminate factors. By limiting visibility of the result of a fault you're reducing the chances of finding the fault in a timely manner.
However, there obviously is another side to the story, as mentioned by BAS - in that an RCBO will nearly always narrow down the search to one final circuit. However, that is an argument for having separate MCBs and RCDs for each circuit (or an RCBO with a 'type of trip' indicator).
I would not have thought that it would be particularly difficult or costly to build an 'indicator' into RCBOs, but perhaps I am wrong. It would really only have to detect and identify one sort of trip (residual current probably easier, since that already involves electronics) - since the absence of that indication (after a trip) would imply the other type of trip. Maybe it will come!
Kind Regards, John