I'd never considered the need for variable speed (some kind of movie reference there I think) but I'm repairing the walls and ceiling on a bigfoot fiberglass trailer and needed a way to remove the old, hardened and partially delaminated contact cement from the fiberglass and found a 5" and a 3" wire cup wheel on the lowest speed work very well without removing any significant fiberglass. Both my 18V and corded grinders are not only too fast for the cup wheel ratings but are impossible to finely control at the 10000 and 11000 RPM they run at. In addition to the lack of control, there's also too much heat generated at that speed.
There are definitely uses, just not what I've traditionally used a grinder for. It's like heated steering wheels or the little work lights all the corded tools have now, I figured it was just another gimmick until I tried it.