I absolutely agree. 10bit 422 VLog is close enough to raw for me.
If you can set up your color correction that exposure, contrast and colour adjustments work consistently across the tonal range of the log curve (for example, Premiere's Lumetri doesn't, but an ACES workflow does) then it's effectively giving you the power of raw exposure, contrast and white balance adjustments without breaking the footage and maintaining a good degree of accuracy. But 8 bit would fall apart.