Uhhhh, NO on many of your points.
It is not hard to get proper pedal feel with a 4 wheel disc system if the components are matched.
The front does not do 80 % of the braking. I've had rear disc pads wear out before fronts...On my 2007 Dodge truck at least. Still, a car with firm suspension and shocks doesn't nosedive on hard braking so the rear brakes actually do carry more load than 20%.
The only benefit is with constant braking? No again. Disc brakes are linear, drums are self energizing and are more prone to lockup and skidding. Rear discs are easier run just shy of the point of lockup, drums can be really hard to do the same. Discs are easier to service. Rear discs don't fade as easily either which might be the one thing I agree with.
A 4 wheel disc master cylinder is not necessary. I've never used one.
4 wheel disc systems don't need a proportioning valve, the proper systems rely on rotor and caliper sizes to dictate proportioning. You need a 2 to 1 bias to the front. The front brakes need to have double the size caliper piston surface area compared to the rear for proper proportioning.
In short, the fronts do handle more of the braking but it is nowhere near 80%.