Earlier quoted context omitted.
Normalization is not only about data storage but most importantly, data integrity.
Yes, but I assert that it's possible to use transactions to update everything consistently. Serializable transactions weren't really common when MySQL/Postgres first came out, but now that they're common in new DBs + ACID, I think it's not possible to do with reasonable difficulty. If you agree with this, than its easy to prove that denormalized tables performance increase is well worth the annoyance of updating ever…
Nobody says you have to have only one view of your data though. You can have a normalised view of your data to write, and another denormalised for fast reads (you usually have to, at scale). Something like event sourcing is another way (which is actually pushing invariants to application level, in a structured way)