I think it [ Template:Api help ] 'll be great for documenting current versions of parameters, but I'm concerned that if we move to that exclusively, we'll lose a lot of the other information currently available on the page, like information on what version a parameter was introduced in, deprecated in, or removed from. That's important information for people like me who are developing bot frameworks and need to know historical information so that a bot can be universal rather than bleeding-edge only. Most of the non-MediaWiki wikis I deal with, and that I would expect my bot to be able to deal with, are still running on 1.19 and I've seen wikis running on versions as old as 1.15.
For example, the imageinfo property wiki page documents when the property was introduced and many parameters document the MediaWiki version in which they were introduced.