We can throw out hypotheticals all day, the fact is that every brief cannot cover every possible contingency. It is a game of playing the odds and there are, according to Boeing, Airbus, and the FAA only a few items that are worth gaming an RTO over. The data (science) on the subject is pretty clear. Most of us seem to include the giant caveat "Perception that the airplane is unsafe (or will not) fly"
Your captain's total electrical failure scenario is swell, except what total electrical failure leaves you with no standby instruments in a jet? Okay, in an airliner, at least. And did this complete electrical failure leave our anti-skid intact? 'Cause now we may very well abort our way in to a real emergency (no tires). I have never flown a jet that didn't have a standby instrument or two that were battery powered. I would contend, given the scenario here on paper, that we could continue the t/o, carry on to out t/o alternate on the standbys, and execute a thoroughly planned, briefed and uneventful approach....after we ran the QRH for the problem...and may just fix it.
You can see that there are varying opinions and a case to me bade in either way, but I just haven't seen enough evidence yet to leave the side of the bulk of the manufacturers and the FAA. Besides, doing it their way keeps me from thinking myself in to a ditch somewhere. Always a good thing.