I'll open by saying that I have no personal experience of soda blasting fibreglass, so my comments should be taken with that in mind.
My big concern would be less on the process, more on the guy doing it because I can see plenty of scope for damage to the fibreglass. I'm sure things like line pressure and media are well known factors but we have the variable quality of the Lotus body and it's hand lay-up to consider in this case. Personally I can see the process with metal panels but less so when there are so many variations with panel thickness ranging from 4-5mm to almost translucent in places on my car.
As to whether you need to remove sub-surface voids, I can only think that relates to the paint process being used.
If it involves heat curing in an oven I can see that may cause any voids to expand with hot air pressure and break through the surface so maybe that's what your Corvette guy is concerned about. Our Lotus cars will originally have been finished in cellulose at ambient temperatures so it wasn't a problem back then.
I'm guessing the spray filler referred to is what most folks (including myself) use to obtain a smooth base for primer, but it's not a direct replacement for the gel coat. I would apply it after repairs and on top of any gel coat as it's very good at filling small voids, scratch marks left from 80 grit paper, etc.
The big deal with any paint job isn't the paint, it's the preparation and a lot of that is time spent removing the old paint. So that's why the pro shops are looking for ways to speed up this process and no doubt why they like media blasting. Whilst it takes me typically a week or more to get my cars to base fibreglass, they can blast strip the paint off in an afternoon, thus saving massive labor charges for their customers. If you're using spray filler, then a couple of coats later and it'll be good for primer.
Assuming they know what they're doing with blasting, then I guess your next question should be "what about the gelcoat cracks ?" If they are proposing to take a car, blast & then simply spray filler, sorry but that isn't going to work. It'll hide the cracks for 6 or even 12 months but I'll guarantee that just like Arnie, "they'll be back"
Brian