how reliable is this borate-free buffer?
Why would you assume it's less reliable than a borate buffer - which isn't that reliable to begin with, given the pH drift problems associated with D76!
There are countless buffers out there. Most of them are rock solid stable. They're buffers, after all.
Also if borates are banned by the EU in the near future, it will affect many popular developers such as D76, Xtol, ID11 and DDX to name a few.
It's not a given that the ban on borates will be complete. There may be allowances for certain products remaining in the market that contain borates if no alternative is feasible for the application. I doubt that will cover the developers you mention, but it's a possibility. Btw, I wouldn't consider it such a great loss if these developers would have to be replaced with something similar-acting, using slightly different chemistry.
Why didn't we just keep using rodinal? The argument always ends there. Because D23 isn't D76, and some people want D76. Because you can't sell D23 as D76 because people will notice. Etc. Why sell rice in the stores if they already have flour - either will feed people just fine. The world just doesn't work that way.