I understand the argument regarding larger drives' increased likelihood of experiencing a URE during a rebuild, however I'm not sure what the actual implications are for this. This answer says that the entire rebuild fails, but does this mean that all the data is inaccessible? Why would that be? Surely a single URE from a single sector on the drive would only impact the data related to a few files, at most. Wouldn't the array still be rebuilt, just with some minor corruption to a few files?
(I'm specifically interested in ZFS's implementation of RAID5 here, but the logic seems the same for any RAID5 implementation.)