Regarding Royal palms, I have read and been told that they have adapted to tropical cyclones, which are a natural occurrence in much of their native range, by "allowing" their fronds to rip off at the base of the petiole when the wind gets high enough. This (usually) spares the palm itself by allowing it to ride out the rest of the storm without the massive amount of drag resulting from a crown of massive, heavy fronds.
Certainly, there will always be a few individuals here and there that fail completely due to a myriad of factors ranging from palm height, health, soil conditions at the time of the storm, strength of the hurricane, wind-borne debris, etc. Also, some Roystonea species are likely better adapted to tropical cyclones than others. Of course, we are referring to Roystonea regia almost exclusively here.
Even Cocos fail sometimes in high winds for the same host of reasons and the tall varieties are apparently much less likely to snap off at the base than the dwarfs due to the structurally reinforcing bulge at the base of the trunk. I have seen plenty of photos of "telephone pole" coconut palms after major hurricanes and I suspect that they have the same "frond shedding" adaptation as Roystonea. Based on my experiences observing palms and viewing thousands of photos and videos of hurricanes and their aftermath over the past 25 years, I will say that Cocos' threshold windspeed for frond shedding is much higher than that of Roystonea.
So, in conclusion Jason, I agree with you regarding royals. I think that as long as they are appropriately sited and well-maintained, they should continue to be planted in South Florida in the ubiquitous fashion they have been to-date. Further, Roystonea is great for most of coastal Central Florida (roughly New Smyrna Beach southward on the east coast and the Tampa Bay area southward on the west coast) and the Orlando metro area now. I don't see any downsides in these areas that don't exist in South Florida as well, except for the increased risk of cold damage on occasion.
-Michael