I think the biggest issue is that most languages including ASL have about the same informational density for a given unit of time. Whereas Cued Speech and Signed English have significantly lower informational density.
If you're a teacher or a police officer or someone who needs to talk to all people, including deaf people, wouldn't learning the eight cues be a useful tool, even if you're not going to fully-learn ASL?
Of course I can't claim any ability in ASL. When taking the baby sign language classes my teacher was very insistent that to the baby what sign you use doesn't matter, but we should use ASL signs because learning any other sign isn't any easier, and this way we have a few dozen signs that are actually useful after the baby grows up. Which is the point: if you learn some signs of ASL you can communicate better than pointing. When you learn something else your are just pointing and hoping you are understood.
So if you're saying "mat" "bat" or "pat" those all look the same to a lip-reader. With the cues, you have a small gesture that is distinct for /m/ /p/ /b/.
They combine together to make a total of about a dozen gestures that can be used to differentiate between any hard-to-understand English word.
So it's not a phrase book. It just allows you to say anything you want to say and be understood a little more clearly by a lip-reader.
The value proposition of CS is language accessibility to Deaf/HoH people while still using English.
ASL, which comes with its own body of literature, puns, jokes, culture, etc., wasn't designed in the sense that Cued Speech was, but offers something much more valuable, in my opinion.