Obviously, RAW, or for that matter not a single sensor, retains the 14 stops of dynamic range that is visible to the human eye. What do you do then? The photographer's job is to pick out from those 14 stops to make a image for print, which has far less stops than JPG files . . . just like the photographer's job is to take a slice in time out of a continuous life (let's igore quantum mechanics for now).
Would you suggest shooting a wedding by mounting cameras at every angle, and shooting at 60 frames a second on all of them? Then pick from the resulting billions offrames? Of course not.
The "crutch" is not entirely free, it has at least four pitfalls:
1. Affect frame rate on many camera models; this is actually relatively minor for Weddings;
2. Frequent card switching forces down-time, when imporant things could be happening; this is more important;
3. Large number of used cards pose data security risk, especially when switching is in a hurry; the risk of being misplaced, lost or stolen increase dramaticly as the amount exceed what can be securely and safely placed in suit chest pocket, without falling out when bending over

yes we do bend over for our clients. And I insist on lead photographer keeping all used cards at all time, at weddings.
4. Backup and archive nightmare. This is a real biggie when a studio captures 200k-300k frames in a year, given current storage technology. Storage technology will improve, but so will pixel count and the business growth itself. As storage volume necessitate more and more elaborate setups, the risk of data loss also increase.
Now, set against these trade-off's, is the minor additional exposure adjustment available through RAW really worth it? For some of my assistants, yes, but not for me.