BTW your posting left out that close() can also fail (eg deferred writes run out of disk space).
And note that none of these really help with testing. In your 'cat' example, I'd want to test open failing, read failing, write failing and close failing. At a certain level the combination of language and libraries know these can fail. Ideally I would like to write zero lines of code to exercise those cases. In practise I usually find out that my test code is larger than the code being tested, and I usually have to add all sorts of instrumentation to force various failure modes which again makes my original code even longer and more obfuscated.
However, there are a few libraries that offer 2 versions of the same functions, one that returns the value and error combo, and one that panics in case of error and returns only the value (regexp' Compile and MustCompile for example). When it makes sense, it's nice to have this option.
Anyway, error handling is hard, I'm not a fan of exceptions, though alternatives such as Node's error as first argument of a callback and Go's second return value require polluting the normal code path. I like go's "defer" idea as a "finally", though.
Although I'm not saying the language Rust has got it right, perhaps some of the thoughts on the mailing list may be useful. However scarily, my mailing list post -- which only asks how to handle errors -- still ranks on top for "rust error handling" on Google:
https://mail.mozilla.org/pipermail/rust-dev/2012-March/00145...
Here I mention the Common Lisp condition system, which has been my favorite so far, but the one of the principal authors of Rust mention a somewhat similar but lighter weight alternative.