The only real benefit of hot launch is deck space and internal volume efficiency, which is a very hot commodity on a warship. This consideration probably trumps all the benefits of cold launch, which actually are not insubstantial themselves. Cold launch allows for much greater mediocrity in the quality of missiles such that the missiles in the worst case scenario would simply be ejected into the air, fail to ignite (or ignites improperly), and falls harmlessly into the ocean; whereas a misfire (restrained launch) in a hot launch cell requires the module to sustain the heat and energy of the missile's entire burnout duration. This may be a stronger consideration for PLAN and the Russian Navy than for the USN. Cold launch is also easier on the launcher itself because it doesn't have to repeatedly withstand the massive heat of individual launches. Cold launch can also be adapted to multi-pack missiles nearly as easily as hot launch. If you could design a cold launch module that came in compact square-shaped sizes, it would have the best of both worlds. But if it were easy, it probably would already have been done.