A couple reasons.
Firstly, it's not measly. I'll let Jason chime in on results of testing the cars, but having been in the cab of #9 plenty of times when the engine brakes were applied, I can assure you that 10-15"Hg is actually quite sufficient for a rapid stop. You have to remember that (like 2 ft narrow gauge) vacuum brakes have a range in which the tradeoff of simplicity for pressure differential is best suited. Mile long freight trains at 60mph is not that application. Lightweight narrow gauge rolling stock? It works splendidly. Simply by increasing the size of the brake cylinders compared to what you'd see on a positive-pressure system, you're able to use a smaller pressure differential to achieve a desired application force.
Secondly, with any kind of system that has an absolute limit governed by natural laws (absolute zero, speed of light, perfect vacuum), it gets exponentially more difficult to achieve that limit as you approach it. It is not reasonable to have a system in this application that can both draw down the pressure in the train pipe from atmospheric pressure to vacuum both quickly, and "completely" to -14.7psi. The steam powered ejectors have a functional limit of about 21 inches (10.5psi), but they are able to make that pressure change relatively quickly.
It's not fair to just look at the pressure differential of a vacuum system and call it "measly". It fits within the context of a system which is designed around that differential to make use of it as is needed. In it's intended application it fits the bill quite nicely.