The antialiasing value you get represents how much the pixel is covered by the glyph in question, and directly represents a desired change in perceptual brightness. There's no physical underlying lighting process, so it doesn't make sense to use physical light units
Blending in linear RGB models different strength lights being mixed together. This is why you do want to blend images together in linear RGB, but not fonts - because its not an underlying light based transport process
To take a direct example: Imagine two cases
1. We blend a white font on a black background
2. We blend a black font on a white background
Using perceptual blending, the antialiasing will be exactly the same efficacy in both cases. Using blending in linear space, these two test cases will look very different and render incorrectly!