I can't seem to get away from two key things that put me off and they are requiring the user to have some pre-existing knowledge of the name of the legal entity and then having to manually notice and verify that information on each page.
Let me list a couple of scenarios to see if I can better articulate my thoughts.
1) The user wants to buy something from ACME Corp so they search for them on Google and find acme-corp.com listed as their site. The user visits the site and sees in the EV indicator that this domain is indeed owned and verified as ACME Corp [US], the company they wanted to interact with. In this scenario the user is required to have pre-existing knowledge of who they wish to visit the site of and then manually verify that information.
2) A user is browsing the web and finds a product on a website that they want to buy. They check the address bar for https and also notice an EV indicator that says Bargain Central [UK]. Without existing knowledge of who the company is, what value does the EV indicator provide?
Maybe I'm missing something, and please do feel free to point out some other user scenarios, but #1 requires the user to have existing knowledge which is a pretty big burden to place on them. I can't really think up a scenario these days where someone would tell you a company name to buy something form or visit online but not their website address.
With #2 it seems to provide no value because the user has no reference as to who that company is. Given the information in the EV indicator the user would need to go and lookup information about the company somewhere else? We certainly can't assume that they're trustworthy just because they have an EV cert!
I honestly don't think the biggest problem with EV is browser UI. As I detailed in the linked article there are many scenarios when EV will never show because of AV/interception/proxies/etc and there's nothing that can be done about that. Even if all browsers had a consistent UI, my biggest concerns would still remain what they are now.