We race electric RC at national level so we are near anally retentive about our cells. We monitor at the cell level + balance our packs every charge. These days our ESC's can be set for different cell types (NiCd, NiMH, Lipo, Life, etc.) and have built in low voltage cut off that can be adjusted at 0.1v increments. We used to use standalone LVC's from Novak, Cellpro, etc. but they are no longer required due to the ESC having it built in.
It doesn't matter too much if you monitor at overall pack voltage as long as you balance your cells regularly. You don't normally set the cut off to kick in at the lowest possible point, you set it incrementally higher so that you have a buffer. We have done many tests amongst flyer friends of ours who use 4 - 6 cell packs, some of them will fly with their packs the whole season long without balance charging them and then when we stick them on the balancers they end up near perfect or maybe one cell will have a 0.2v difference over the span of 13 month regular charging. It's not guaranteed but that is what we have seen.
I'll do a little more research myself but ideally I would like a hard wearing, waterproof LVC I can plug in between the pack and controller that will sound a buzzer when it reaches a pre-set overall pack voltage so that my kids know when it's time to head back. I don't even want to have to think about it.
Even better would be if Oset can build it into their controller.