A few possible reasons:
Stainless is far tougher on threading dies and other tooling than carbon steel, so the surface finishes of the threads are often worse because people use dull tooling. That goes for both the people making the fittings and the people threading the pipe to connect them.
Stainless has roughly twice the linear coefficient of thermal expansion when compared with carbon steel. If you use a thread sealant which isn't compliant enough to continue to seal despite movement from thermal expansion and thermal cycling, leaks will result. Use a good quality paste-type anaerobic pipe thread sealant in addition to or instead of teflon tape and most of your problems will go away.
Stainless is easier to "gall" than carbon steel, hence people don't pull stainless steel fittings up to the same extent during tightening. A tighter joint is less reliant on the thread sealant to prevent leakage.
Then there's the quality of the 150# cast stainless steel threaded fittings on the market. Most of the ones on the local market here are from China, and the quality is hit-and-miss. We've seen some with huge angular tolerances on the threading, such that concentric reducers and 90's aren't (co-axial or 90 degrees that is), and branches of tees go off at wierd angles etc. Of course if you compare these to 3000# forged steel fittings, there's no comparison in quality. But comparing these fittings to 150# malleable iron fittings, the quality is similar(ly poor).
But the biggest single problem with threaded stainless steel as a fitting system is the union fittings. 150# or 3000#, none of them seal reliably to the limit of the threaded pipe, even if you lap the parts to one another before fit-up. Carbon steel unions are much more reliable, especially if they come with a brass seat.
Threading is a flexible, inexpensive and reliable way to join small diameter pipe, but it gets a bad reputation because people don't understand how the system works and hence do it poorly. If you never forget that an NPT joint is a spiral path connecting the interior of the pipe to the exterior world, and the only thing between you and what's in that pipe is the thread sealant you choose, you will be less likely to go wrong in using this method regardless what material the pipe and fittings are made from.