Hello; While I can and have set up types of equipment, other than the air pump driven, to break the water surface and add oxygen, that is not the value of the separate air pump to me.I think air pumps and air driven filters have their place, for raising fry and for species that don't appreciate current they can be useful. For larger species water driven pumps/venturis maybe more efficient. I thought I had heard fluming water pumps were more efficient than airstones at increasing O2.
In the past the power filters were not reliable for various reasons and often had failures. More in the form of breaking a siphon than perhaps anything else. The current stuff does not break or fail often, but it can happen. An air driven bubbler, UGF or some such other has been tank saving insurance many times for me. I am at home most of the time now, but had to be away a lot years ago. Many a time have I come home to a bubbler being the only working aeration in a tank. For those who never had to experience the decades of unreliable power filters, my use of the bubblers as a crutch may not seem needed. To me it is a natural thing to do just as having a spare tire in a car seems a no-brainer. I just cannot bring myself to consider a car without a spare tire. My lessons learned about these things may be from distant past experiences, so be it.
I do not run the air powered stuff exclusively in most tanks any more. I do run powered filtration in almost all tanks with bubblers as an attractive feture and some insurance.