I agree, CVE would be _awesome_ in theory. In reality, very few file for CVE's and so the coverage is iffy (~11% of npm package vulns and about ~67% of rubygem vulns https://snyk.io/stateofossecurity/).
But it goes beyond that. There was a great paper earlier this year (https://arxiv.org/abs/1705.05347) that highlighted many other issues: lag between CVE and NVD (which is where all the useful info comes from), mismatched CPE's, nonexistent CPE's, etc.
I would love to see us get to a point where the CVE/NVD was enough, but we're far from it right now.