I think "because of 4 point seat belts" is wildly misleading. The accident wasn't caused by the belts, and given the damage to the vehicle to suggest that the passenger would have survived with some other belt configuration is pure speculation.
You can read the whole collected discussion here:
http://www.trackhq.com/forums/f325/fatality-%40-cvr-6148/and come to your own conclusion, but in general from a safety perspective what matters is that you're wearing the restraint in the manner that it was designed to be worn, and that it is installed in a fashion that allows it to be effective.
Wearing any sort of harness correctly can be annoying, and installing one correctly in a road car can be difficult. These are both good reasons to stick with the factory belt setup.
"4pt harnesses will leap from the roadside shrubbery and stab your eyes out with a spork" is not.