Can be useful for threading two roads through where there's only the physical clearance for one...But I'd imagine the removal of old Gauntlets would most likely have been ordered by the HSE, as - Without a lot of specialist detection and interlocking equipment being installed - There's no way of preventing two trains entering the same section from opposite ends and colliding. With Gauntlets, each "pair" of rails can still be electrically isolated from each other, meaning that track circuits wouldn't be effective for protection.
That said; Gauntlets take up less space than two roads as we've already determined...But surely a mile of Gauntlet would cost no less than a mile of dual-road because the former still has the same quantity of steel and requires specialised sleepers...Is that right?