Replicating data in consensus groups gives some nice guarantees, in particular it can guarantee monotonic read consistency even if you're not reading from the leader, at the cost of a network round-trip. Switching between master-slave replicas might cause you to go back and forth in time, even if replication is synchronous.

There are also some potential availability benefits to storing data in consensus groups, though most implementations use leader leases to improve performance, which reduces availability in case of leader failure. A master-slave system that does synchronous replication could do failovers that are just as fast as leader changes in a consensus protocol.

The pain of storing data in consensus groups is in performance, especially concurrency. Every write to the log requires some synchronization with a quorum to ensure consensus on the order. That introduces extra round-trips and makes it hard to handle high concurrency.

There are quite a few bleeding edge distributed databases that have trouble matching the throughput of a single node RDBMS unless you're willing to spend an order of magnitude more on hardware or your workload follows a very specific pattern.