> GCC will optimize away the check (c < 0)
...and the suggested solution to this was to use special, third-party "safe math" libraries written in target-specific assembly.
Which meant you weren't really getting the feature we're looking for (which is portable code that will compile anywhere, using either native two's-complement wrapping arith when available, or a shimmed emulation of it when not), because you were locking yourself into a whitelist of targets that the library had been written to support.
Now, mind you, that's just C. "Using two's complement arithmetic" might be something you can get a guarantee on from, say, Ada, or Fortran, but if you can, I've never heard about it. Anyone know?
As soon as undefined behavior is guaranteed by a spec, it's no longer undefined, so your statement reduces to "you should never rely on UB." You can say that, but people will still do it because it makes their programs faster.