About 35 years or so ago I figured out that tape works as a natural shock absorber between the rod blank and the reel seat. Using two graphite arbors on either end of the reel seat and the expanding glue to fill the void the maximum vibration transfer is achieved between the rod blank and the reel seat which was always the desired effect. I do not personally know of anyone else that glues the reel seat on this way. When I sold custom rods my clientele wanted the best money could buy so the 12 hours to glue a reel seat was not an issue. In the end having the best is far better than saving time and effort in my opinion.
A great theory, but in my experience (and for a lot of rod builders) it really doesn't work like that for tape arbors. The tape merely acts as a "spacer" centering the seat on the blank. The seat is actually attached to the blank with the thickened epoxy mix. After the epoxy cures, the tape has no impact on "feel" at all. The thick epoxy carries the load and is responsible for transmitting "feel" from the blank to the handle/seat. Actually, if it were physically possible, the tape could even be removed at that point. This can easily be seen by anyone repairing rods and having to remove the seat. It isn't the tape holding the seat to the blank, it's the epoxy.
Tom