But can you quickly and easily distinguish between Ͱ and ͱ, or even Ω and Ω? The last two really are different Unicode characters, the first is Greek capital Omega, the second is the Ohm symbol...
Added - they did; here is an older version (3.0) of the standard online http://www.unicode.org/book/u2.html
The exceptions to this policy are usually writing systems that didn't have standardized encodings at the time they were incorporated into Unicode. Also, the rather notorious CJK unification project resulted in several new overlapping layouts as Unicode policy changed over time with respect to Chinese characters.