Yeah of all the "upgrades" to the truck the rear cover is probably more for aesthetics than actual improvement. The magnetic drain plug is nice but it really isn't that hard to pull the cover itself, especially now that these have reusable gaskets and you don't have to spend a ton of time cleaning gasket/RTV off the surface. These covers probably do keep it cooler but I haven't ever seen a rear diff burn out either.
Surprisingly I have never owned a GM truck that had a drain plug. 1972 C20, 1985 K30, 2000 1500, 2006 1500, 2009 1500, and now this 2024 2500. I don't know what GM trucks came with the drain plug but I wonder if they don't put one in so you have to pull the cover and clean the magnet. That is probably the most important thing.