Cable ties / zip ties are often better when you need to change the configuration of wires (cutting the zip tie, moving the wires around, and setting new ties up).

Zip ties are more prone to overtightening, but as long as you are aware of the overtightening problem, there's probably no real reason to avoid them.

The main advantage of knowing cable lacing is that it generalizes. There are many long-objects that benefit from the cable-lacing knot. For example, a rope can secure a bunch of 2x4 together using the cable-lacing technique. Any "long lengthwise bundle" of objects can benefit from cable lacing.

Zip ties also have hard corners which can cut into cables in high-vibration environments. Even with correct tensioning (using a cable-tie tool[1] of some sort) they're a potential hazard. Wrapping the cable with a shielding material first can mitigate this, but cable lacing is more reliable.

[1] https://www.mcmaster.com/zip-tie-tools

You might find these interesting:

Cable lacing on the Curiosity rover: https://news.ycombinator.com/item?id=4472312

The Lost Art of Lacing Cable (2018): https://news.ycombinator.com/item?id=20582844