Sounds like a valuable option. I've had to help a number of people with this problem. Read-only external drives is a fairly common problem with Windows; when you reinstall the OS, or hook up the drive to another machine, for instance, chances are your external disk becomes read-only without a warning. Also Mac users with a external USB drive formatted NTFS may face this problem.
It would be great if PM checked the success of file writes and warn in case this didn't work.
Cheers,
Hayo