It is absolutely an issue, and not just a recent one either. One of it's common manifestations is the shift and answer routine. The CG broadcasts, concluding that one should "shift and answer, Channel 22Alpha, out." If you have poor reception or couldn't hear quite well enough, you do not know where to go.
"One mile east of Wolf's Point" means nothing to a foreign ship, or a sailboat far from it's normal cruising grounds. The CG is actually tending towards using the 'CB' lingo they, and the FCC, so deplore, where local knowledge is required. If Wolf's Point is the obvious reference, being more easily understood than lat/long, then it should at least be conveyed with the most relevant chart number available. The unfaimiliar mariner can then, quickly, assess his proximity to the incident reported.
“Scientists are people who build the Brooklyn Bridge and then buy it.”
Wm. F. Buckley, Jr.