Not been on Waterloo-Exeter for a while but when I have been on that route, 3 car trains become very full after Axminster. 10 coaches up from 3 however, would be overkill.
I think the concern is more the reduction in coaches from 6 to 5 on the busiest services and the fact that if you have 5 car units you can only run 5 or 10 car trains.
The Weymouth line sees crowding on Summer Saturday services which run with five car trains and lots of space on ten car trains - more flexibility might be good.