I require the step up/down when first time powering up a new prototype. When I like to inch up the current so the supply will up the output voltage until the consumption current is cleared and the supply switches from CC to CV mode.
But, a lot of times I need to set a voltage and current value immediately.
So, I cannot answer your poll, since I need both numeric entry to set my position, and a single step up/down arrows which by default move the voltage up and down by default when in CV mode, but if the supply switches to CC mode, the same arrows should switch over to adjusting current limit until the output switches back to CV mode. In other words, the same as my current BK Precision bench supplies.

And an optional module for an add on opto-isolated RS232 port would be handy too.
I also agree with you that a spinning rotary knob is dangerous unless it's indented single step with indents stiff enough and large enough that you can never make a mistake by accident. Otherwise, it's a potential magic smoke moment for what you are working on... Also, wear out and damage on these rotary encoders may achieve the same problem.