I’d contest ES is not useless. If I run 20 (or 50), whatever, shots over the chrono, and I have say an ES of 30 and an sd of 10, I know that all my shots will be within the 30 and no chance of opening up shots larger than my target.
If I do this and I have an ES of 60 and an sd of 6, then some of my shots will actually miss my target (assuming the target is smaller than the ES allows for).
You can have a high ES and a low SD. But you’ll never have a low ES and a high SD.
While yes, the ES is two shots, it contains *all* others within that threshold.
Except that's not how it works. Outliers are a problem when you analyze a data set. Having a string of 20 shots gives you a pretty reliable SD. If that SD is 6, then 99% of the shots you fire should be within +/- 18 FPS, creating a 36 FPS ES possible over that 99% set. It does not eliminate the possibility of +/- 24 FPS shots, or a 48 FPS ES. It's just that over the course of say 100 shots that's only likely to happen once.
If you have an SD of 10, an ES of 60 will happen some 5% of the time, with a larger ES possible. Given a data set of two shots, the ES tells me nothing at all, unless it's something silly like 150 FPS. A value of lets say 50 is basically meaningless. It's entirely possible that the actual SD of that load is 10, and the next 98 shots will have an ES of 40, and 68 of them will be in an ES of 20. It's also entirely possible to fire two shots with an ES of 0 and have a load where the SD is 30. The data set is too small to say it's not possible. Given 100 shots of almost any load you have you will almost certainly find two at the exact same velocity. It's not surprising to find them consecutively.
Outliers in the data set happen. Maybe it was a bad primer, tight case neck, light bullet, lube left on the case... Nothing prohibits that from being in the two rounds you test.
Take your own example, an SD of 6 and a large (20-50) sample where the ES is 60. That's not impossible, simply unexpected. If you eliminated those two shots, the SD would shrink quite a bit, and you'd think the load was some kind of miracle. If even one of the two was removed, you'd be very happy.
In the end, chronograph numbers are not really what we care about anyway. Given enough data, it can perhaps tell us something, but I'd venture to say most people don't know, nor do they care what that something is. The majority of handloaders could do without the chrono, just shoot a few groups at the longest range they normally use and they would know what they need to know. If I shoot 5 5 round groups at 800y and they are all under 8" and the MPI is within .1 mil of the POI, do I really care if the SD is 6 (Cool!) or 17 (Gag)? If I miss a 12" plate next week at the match, what's the most likely problem? It's not that that round was faster than average by 35 FPS.