I don't agree that equates to versatility. In fact I suspect the correlation is low. What if you had a mic with those specs, but no built-in pad? Its tendency to clip preamps might be considered a lack of versatility, since you'd need an external pad for loud sources.
Also, that would make all condenser mics always more versatile than dynamics, which is certainly not the case.
Be careful here to compare apples to apples . . . dynamic mics have exceedingly low self-noise but low sensitivity. The SM58 self noise is something like -130dBV, or about 146dB quieter than the SM81, while being around 10dB less sensitive. What does that mean? I have no idea, but I do know that my ears have been tested and my internal self-noise averages about 20dB