I was meaning more if I had to choose between destination or compass point. Having both is definitely best.
I have noticed that in Paris, that is certainly a down point. For New York, yes that relies on you knowing each Borough, which can't be the easiest for tourists.
If that's what most people prefer then fair enough.
But for me, 'the confirmation' has always been the destination. When I see a Victoria Line train, the first thing I want to see is 'Brixton' or 'Walthamstow', and I use that logic for signage too. As South London is predominantly rail, buses, and trams, that's the wayfinding I'm used to. Same for the DLR.
If I was telling a friend how to get somewhere north from mine, I would say get the 'Highbury train' or 'London Bridge train' rather than 'northbound'. I guess that's stuck with me for the tube too, which does keep it consistent for tube lines like the District and Met.