Because it's limited to 1 generation(unless you use Inspector) and isn't very useful in most games. It might help in Overwatch since you can get super high FPS there, but in most other cases it causes hitching/juddering. If you can't see it, that's great, go ahead and use fast-sync, but most people notice it and it's annoying.
I just checked, and with 372.70 fast sync is now a vsync option in NVCP for Maxwell cards! (or at least with 980 Ti's) No more dicking around with Nvidia Profile Inspector.