PIN+limit is still a much worse user experience than a password:
- a PIN is hard to memorize, so people are more likely to use personally-relevant or common numbers, whereas a password can be easily be both complex and memorable
- it's easy to burn through even 10 login attempts through any combination of temporary/permanent disability, stress, being drunk, damaged device...
- a wipe-after-failed-attempts system is trivial to abuse, be it by a prankster or a real adversary
- it's much easier to see someone's PIN over their shoulder or film them entering it