>instead of costs scaling with the size/precision of the number

But isn't the assumption that arithmetic is "atomic" standard in TCS? Costs do scale with the bit length, presumably they aren't assuming that addition is "constant time" with respect to # of bits (which would defeat the whole point of the exercise).

Maybe I'm missing something, but none of the things mentioned in that blogpost seem particularly "surprising" to me, most of it focuses on the fact that computational models used in TCS don't align with the real-world model of computers, but that seems like something you learn in day 1 of algorithm analysis? If you want something closer to real-world you'd use word ram model.