We know that people hit the limit, probably due to ResourceLoader, but we don't know how often that happens. Going forward, even if we move RL's cache out of localStorage, we need to have visibility on real world usage of localStorage. Ideally we would not only track when users hit the limit, but also get statistics on what is taking up the space.
I think this is particularly important as 3rd-party JS libraries or even gadgets could also be consuming localStorage space without us noticing.