I've been too lazy to grease/oil my powered "conventional" garage doors, either the lifting mechanism or the side rails, but they are still working after 15 years of use. I agree with your maintainability concern with this mechanism.
The springs of most conventional garage doors are a hazard to life (if you have a two-story bldg) and property. When the garage door is down, those suckers are cocked like a pistol with the weight of said door. And when one or more fails spontaneously, they will follow Newton's third law and shoot upwards into whatever or whomever happens to be there, with metal shrapnel going in either direction. I've had to repair a garage ceiling and replace all of those springs (once one spring goes, all of them should be changed.)
You are talking about extension springs? In my experiance torsion springs break very harmlessly. They just snap and unwind but stay on the shaft. Torsion springs are the only kind I have myself seen used for garage doors.
Extensions springs are the old way. Common for a few decades at least. Torsion springs are the new way. They're safer, and smaller, and require less maintenance.
Unfortunately, they're also a bit more fragile. Speculation (mine) is that the metallurgy required to make a big torsion spring makes the material more brittle than standard spring steel. Or maybe they're just thinner and cheaper.
Single piece doors aren't legal in many states, but interestingly it's not because of the safety issues (which are much greater than tracked folding doors with extension springs, due to the angle of extension).
No, you had something entirely different so don't try to trivialize something you don't know anything about. Ours fired through the ceiling of the garage and gouged the underside of the roof sheeting because of how the door and springs was engineered. It went off like a slingshot and sent metal fragments upwards at high velocity. Also, they looked like they were from the early 1970's and the springs separated completely as a result of metal fatigue into 3 segments plus some other bits of shrapnel here and there.
If there were such a thing, it had fatigued and/or rusted to such a degree that it clearly failed to contain sufficiency energy because a ceiling tile had to be replaced and the ceiling above that had to be patched. (Cheap rental house with ancient crap.) Don't rely on safety properties as a first-line defense, they are a fail-safe, and sometimes they just don't work.
Building code changes usually aren't applied to existing structures. Retaining cables were not a requirement in the early days.
Sometimes code changes are applied at the time of sale -- either by law, by the buyer as a condition of sale, or by a lender as a condition of loan.
Pretty sure retaining cables fall into the first (by law) category, for the safety reasons you mention. It's definitely something that building inspectors look for.
But yeah, rental property is infrequently sold and almost never managed proactively.
California municipalities will come looking for property owners who fail to perform seismic retrofits, but I've never heard of anyone hunting down retaining cable scofflaws.