I/O bound means waiting on I/O, which isn’t necessarily because it is slow, but because it is simply waiting on data to arrive, like a web service most of its idle time. If your client is dozens of milliseconds away, a GC pause is pretty much invisible, unless you are trying to squeeze every last request/second from a machine (instead of simply scaling horizontally)

That said, from your profile, you seem to work on a very sensitive niche that might colour your opinion, with good reason. What I am claiming is most of us are not building such strict a system.

Even in my toy hobby of OS development a GC isn’t the end of the world unless your goal is to compete with, say, Linux in a some kind of performance challenge, where in that case memory allocation might be the least of your bottlenecks.