Compositepro, what you write makes sense but weren't we discussing venting of the ball cavity and not seating/sealing issues. I think the original asker was wondering about this, not how well a valve closes.
After more than a few years' cryo design (cold boxes, warm end, customer sites) experience I've never seen a ball valve specified by the provider. It's all extended stem (as you correctly state, but forgot to mention that these valves are buried in perlite or under 3"+ of insulation if not VJ-ed), bonnet pressurized globes for control on the liquid side and butterflies for the "warm" gases.