It's not even remotely economical to eliminate bad drivers, not to mention good drivers who driver badly at times. My sense is that during any test, people will appear much better drivers than they are on average, since they won't be drunk or shooting off an SMS message or whatever else.
It is economical to save a lot of lives with technology. This is a good tech. I don't know if I'd go with most important since seat belts, but it could save lives.