I don't disagree at all with what you say but two thoughts still strike me: (1) given the proensity of the chassis to flex, surely this must crack the coating and undermine it to an extent (2) in similar vein, as soon as any hole etc is drilled throgh a galv surface, doen't this, again, detract from the protection?
I may be wrong here and I'm no metallurgist but I thought this was why all the best resto jobs went for powder coating?
As I said, happy to be corrected

Cheers,
G