Why does this not happen with most other species?
Because some of the amphilophus found within the crater lakes (as well as the great lakes) are such specialized feeders in the wild, in a way that directly affects the shape of their head/mouth/jaws. Read the link that I posted previously, all of this is very well documented.
Two different types of pharyngeal jaws have been described in A. citrinellus: papilliform and molariform. For both A. labiatus and A. zaliosus only papilliform pharyngeal jaws have been described previously in the literature (Meyer 1989, 1990a,b). All A. citrinellus individuals sampled in L. Managua, Tisma Pond and L. Masaya had papilliform pharyngeal jaws (see also Meyer 1990a). All A. citrinellus individuals collected in Ometepe in L. Nicaragua had molariform pharyngeal jaws. Among samples of A. citrinellus that were collected from L. Xiloá, L. Apoyo (A. zaliosus) and Isletas, L. Nicaragua both trophic morphs were found in sympatry. This study provides the first evidence of molariform pharyngeal jaws on fish from Lake Apoyo.
In A. Meyer's paper he states molariform morphs having blunter, shorter snouts, larger eyes, wider heads, and deeper shorter bodies than papilliform morphs.
Also, some of the cichlids found in the Rift Lakes, such as Placidochromis milomo, share this exact same trait. (hypertrophied lips) http://www.malawicichlids.com/mw08083.htm
Yet same as amphilophus, this trait will not be seen in captive bred specimens. It becomes a case of use it, or lose it!
FYI - I posted a link to that vid last year. There has been a ton of work already completed in this area, most of the links to that data have already been posted in the sticky that I previously linked to.