Early ABS systems were not the greatest.
The system in my '93 Blazer easily could have caused an accident... Hit the pedal and it went to the floor, quick release and reapplication and it worked fine.
It wasn't the master cylinder... HEAVY pressure on the pedal and it didn't move an inch... it was the ABS system.
Ultimately, that Blazer was hit from behind (and totaled) by a C3500, and the driver explained the same thing... he saw me and the lady in front of me stopped, he hit the pedal, and it went to the floor.
Tests on racing circuits with professional drivers showed little improvement in stopping times, but "normal" drivers did see an improvement.
The takeaway was that an experienced driver could compensate for slippage as well as the computer.
In some cases, it was quite the opposite. I experienced it a few times on my '03 Tundra on mountain roads. When pulling to the shoulder while braking, the ABS would trigger as the passenger side moved into the gravel while the other wheels were still on pavement. No problem, just alarming when the pedal vibrated and the system made noise pulsing the brakes.
What DID cause problems was people would be driving on an icy or snow-covered road and brake to turn into their driveway, only to take out their mailbox.
I don't know how much better today's systems are in these respects. Reliability is certainly better than it was in 1993.