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The advantage of using italics instead of quotes for direct thoughts is that it allows you to have untagged dialog and untagged thoughts. If you read most modern writers, a high percentage of dialog is "naked," that is, it doesn't contain a "he/she said" but is simply attributed by the new paragraph for new speaker rule or by associated actions. It's regarded as heavy and klunky to tag every line (this isn't new either--for instance, Jane Austen went on for pages with back and forth dialog with no tags. She relied on changing paragraph, context, and voice for speaker identification).
But if you're using quotes for thoughts as well as words spoken aloud, it would be impossible for the reader to know if something is spoken or thought unless you tag each and every thought (and possibly the spoken dialog too). Italics mean you don't need to tag thoughts at all.
Read Joe Abercrombie's First Law Trilogy, for instance, and tell me if the way he handled Gloka's sardonic internal monologue of thoughts would have been as effective if he used quotes and tags for all of them instead of italics and no tags. Especially because the thoughts were often "in between" things he said. This isn't from the book, so it doesn't do it justice.
"Of course I'll do it." Because if I don't, you'll kill me. "When do you want it..." You bastard "...sir?"
But you can see the issue.
So my explanation for this is that narrative styles have changed and diversified, and many of the approaches one sees in modern fiction wouldn't work with Agatha Christie's method.
Thank you for that very thoughtful and illuminating discourse. I’m beginning to see the other side and am perhaps changing my mind. Please see my last response and thank you again.