"Although possible, I don't think the process of reading your location in UTM and then translating to a position on a paper map is that useful."
I couldn't disagree more with this statement. I've been using my GPS devices in this way since 1996 when I got my first Garmin device, before maps could be loaded into a GPS device.
I prefer to navigate with a paper map for a variety of reasons. Transfering UTM grid coordinates from a GPS to the map is very easy especially if using a UTM template and also very accurate. I use drinking/snacking breaks as a time to do this and integrate the time it takes to do this into my walking routine. I find taking the time to do this provides me with a very good appreciation for where I am, where I have been and where I need to go. It's a small part of the navigation process.
I also use waypoints pre loaded ahead of time and also collect waypoints as I travel, but my map/compass + UTM location from the GPS and my eyes remain my main source of information.
Paper maps provide much more context, and resolution than small screen maps and I personally prefer to navigate using my senses rather than following an arrow on a screen. In a whiteout when needing to find exit gullys, couloirs or not wandering off trail in feaureless areas it's a different story and these features are very useful, but for days when visibility is good it's not necessary.
I wish that a very small, light affordable location + waypoint collecting very sensitive GPS receiver was available. The Geko devices are getting old.