I think many of you underestimate the effectiveness of modern encryption. Remember that guy that used PGP to secure his kiddie porn a while back, and the government tried to coerce him to give over his password cause they couldn't break it? The government might not use PGP for state secrets, but its good enough to outwit your everyday law enforcement.
My point is, any businesses considering this technology (and any potential home users) don't have enemies powerful enough to break this encryption, and thus, wiping the key is good enough for the foreseeable future. Sure, someone, someday will be able to decrypt the data, but by then, will anyone care (will the data be relevant, will the drive still even exist)?