In years of coastal cruising I have just never felt a concern for true wind or relative current.
Larry, I have no idea what "relative current" is.

But I think you mean the difference between SOG and STW.
Current is current. It's either going with me or against me. In many, many cases, like KG humorously said, we don't "need" these things. But I sail regularly in a place where the current is either on my nose or behind me. Its velocity becomes important in passage planning and ETAs and the like, and I just, well, uhm, like to know.
If folks just go out and sail around, or even just sail across a current and back (except the English Channel

), it's less of an issue. They could care less.
I like things on my boat that are installed to work. When my knotmeter stopped working last year, I investigated why it didn't, fixed it, photographed it and wrote it up for Catalina's Mainsheet magazine. I got help right here from skippers helping me with BNC connectors.
I don't believe the GPS system will ever fail, but if my two on board units do fail at the same time, my knotmeter is one very important piece of navigation instrumentation that I find is pretty essential.
Otherwise, nah, I don't need it.

