Thats because you are looking at the problem from a consumer stand-point and not a manufacturers stand point.
The hole ideal behind the estimated oil pressure readings and not using a true oil pressure reading is they wanted to eliminate UN-necessary (and maybe even some legitimate) service calls. There are just to many worry worts, old timers and first diesel users that would freak out if they seen how much the oil pressure fluctuates. It's bad enough when everything is new but after a few years and when everything gets loose, the oil pressure does suffer some. Just put yourself in Dodge's shoes, you have so many buying these trucks and many are first time diesel, and first time truck owners. The trucks go for a premium, which makes many fret over every little problem or squek. So if you could design a system that would circumvent the many service calls, which by the way equals a huge amount of money, maybe just maybe you would do the same thing??? This little Trick, has saved dodge millions. And I'm sure there are many other little tricks like this we don't even know about.
I have been telling people about this problem for years, but most were set in denial, thinking good old Dodge wouldn't do such a dirty trick, not to there precious Cummins!! Well it's true, and you can live with a truck that constantly lies about it's most important engine function, or do as I did and install you own oil pressure gauge and pull your head out of the sand.