One thing you do get better with a boil is water evaporation. The ability to control final gravity by increasing or decreasing the amount boiled off in an actual boil gives most home brewers a valuable tool for hitting OG.
In the PicoBrew we only get a couple points gravity increase during boil. Luckily we have had enough runs that the recipe calculator accuratly predicts final OG within +_0.001 normally (assuming proper grind size, water chemistry on a single step mash). We do get volatiles removes since the wort sprays into the hops compartments.