Again, there are ways around the limitations of audio analyzers. Hell, even an APx555 isn't good enough to measure the distortion of modern op-amps.
Bob Cordell's distortion magnifier is a good example. Another way is to use a notch filter with a lesser-performing ADC like the QA401 or QA402. Obviously those notch filters aren't trivial to design, but in practice this solution works well. Is it a calibrated solution? No. Is it good enough for engineering use? Yes, although it's a lot more time consuming than an AP box.
There are also a lot of engineers who hold the view that reducing distortion from 0.005% to 0.0001% won't lead to an improvement in sound quality because even if someone could pick out the difference, it's extremely unlikely that they'd be able to decide which is better. In a sense, it's the viewpoint that once a certain performance threshold is met, there's no point in trying to play the numbers game.
I'm not saying that this is right or wrong, but I wouldn't just assume that it's about an irrational belief. In some cases it is, but not all. And hey, if you can do it with discrete op-amps and still get 0.005% THD+N, it'll sound good and give the marketing department something to talk about.
I myself like to see DACs and ADCs perform to this level because it makes them more useful, especially if they're capable of operating at 192k sample rates.