That makes sense. Last I checked, pitchbend is definitely received at a higher resolution than a 7-bit CC message. At least 12-bit; if not double precision 14-bit. Comes in handy beyond the PitchFlex algo.
The only quirky thing I’ve seen is that it doesn’t return ‘cleanly’ to center, using a keyboard-style pitch wheel (a few cents off). And yes, MIDI Solutions offer some great … solutions to all kinds of routing problems. They can mount under a pedalboard, and (in most cases) powered over MIDI.