I totally agree with the OP, his questions are of real concern to him, for most people they haven't got a flippin clue that TRVs are a very crude form of temperature control and are almost as good as not having them, for one thing they do not have a calibrated scale to set the room temperature, secondly for most people using them they have to set it by trial and error method, but on some days when it is real cold outside, most people end up turning them to Max, and when it gets warm outside, they have to turn it back to their normal setting they found through trial and error, a crude form of control with a 20 minute response time is too long, hence why OP wants something more elaborate and and taking the guess work out of setting an appropriate room temperature.
A sensor that takes care of all variables such as sun shining through a large window, ambient temperature outside, and so on is needed. for average householder they will settle for this crude form of control that is pretty useless of course and in this day and age of keeping a tab on higher fuel costs it only makes more sense to come up with something more intelligent than a crude wax controlled device that has 20 minute response time but without opting for more expensive zonal heating systems.
A TRV is a more of preventing a room from overheating than a room temperature control device. End of the day an overheated room costs far more money in fuel bills hence why it became necessary to install these in every installation.
Technical specifications and figures on a crude device are meaningless since its function depends on many other factors, heat radiated from rads, flow temperature, heat loss, drafts in the room, etc. etc. hence they are not quoted and temperature scale is therefore not appropriate, hence why each device fitted to a room has to be set to a mark that the householder feels is right for that particular room through trial & error method.
Instead of spending a huge amount on a zonal system, one could (with knowledge) build his own system using electrically controlled valves and a room stat that may reduce response time and maintain a more steadier temperature, again picking a room stat and its position is important as it should have minimum hysteresis in switching when the room cools or heats by about a degree variation within about 2 to 5 minutes.
Installing a ROOM temperature sensor in one part of the room does not cater for temperature variations in other parts of the room, one can only cater for so much, a trade off has to be made, so choosing a best position for a room sensor depends on where drafts occur that can set off the sensor far too soon, you don't really want heating coming on too soon due to someone just entering a room, so having a very sensitive stat is counter productive to saving energy bills.