Quoted from Doctor6:less prone to need to be tweaked.
Magnetic switches can be really finicky. Get them dialed in, and they're fine. But they need a lot of fine-tuning. And they can be limited in terms of application, because of potential for interference with other nearby parts.
I feel like the current pop bumper design actually works really well. There are still lots of places mechanical switches show up on pinball machines, and they are fine. "If it ain't broke, don't fix it" seems perfectly applicable in the case of the pop bumpers. Pinball machines are expensive enough these days, without having to pay for all the extra R&D plus manufacturing costs that fancier switches would entail.