The reason they lowered the pressure wasn't the ride. They lowered it so it wouldn't roll over as easily (less pressure means less tire grip which meant it would slide instead of tip).
I think you have that backwards.
Lower pressure increases the size of the contact patch on the road, which equals
more grip.
This is why you lower your pressure for driving on sand, mud, ice and snow.
TPMS systems were a big item at SEMA last year.
Lot's of companies selling new "smart" valve stems and systems for programming them.
The problems come from each car company using their own systems, there is no industry standard that they all use.
Chrysler especially is creating a lot of problems for the repair industry because their proprietary TPMS system requires a trip to the dealer to program the ECU to recognize a replacement valve stem.
TPMS was originally mandated by the DOT for new cars that were sold in the US with run-flats and no spare tire.
Back in the late 90's, the .gov told them "OK, you can sell cars without spare tires if you equip them with run-flats, but you also have to add a TPMS so drivers know when a tire is going flat"
Since then, the gov has tightened the regs and gone as far as mandating all cars have TPMS regardless of the tire type they're delivered with.
Yes, lot's of high-end cars don't come with spare tires anymore, such as Corvettes, BMW's, Mercedes, Mini Coopers, etc.