So now we're talking a commercial building?
You're confusing two separate and independent items....what a panel/device CAN do vs. what is permissible within residential building code.
Code is tandem ring and at least 75 dB at pillow level. Whether or not the inspector allows separate sounders instead of integral to the device is generally up to creative interpretation of the building codes.
Tandem ring with any addressable device, even the big commercial FACP's is going to require a separate pair of wires OR appliance. The SLC doesn't have enough power to drive the sound appliance. It's not supposed to.
Vplex requires consideration to noise, type of cable (capacitance), distance and topology. It's true no matter what method the system is wired in (T-taps are allowable, but not on conventional fire wiring).
http://www.security.honeywell.com/star/hsce_Files/Files/C-VPlexRouting.htm
Also, IMHO from 20+ years in the field and having to address the old Ademco Vector installs and other multiplex alarms, there's ALWAYS some sort of bus issue that arises, and especially in complete finished spaces and inaccessible, it's not fun to troubleshoot or fix.
If you're really looking for knowing what device and specific location, honestly, I'd suggest a small addressable FACP connected to serial on the host panel (assuming that panel can take serial into it) and slave the common alarm/trouble/supervisory alarms to the host panel and then outputs to drive the reset.....
It's not really archaic. There really isn't the need to be so granular on a small installation (less than 16 smokes cover 99% of residential installs out there). When people will replace a panel that costs less than $200 at trade when dumping companies (yet spend more on their cell phone!) there's a reason why proprietary or addressable fire alarm isn't high on the priority for a manufacturer to drive into their panel vs. the cost of the panel itself. We're not talking high end devices or high technology panels in the overall scope of things.