What's wrong with Urea? If its not absorbed directly, it's turned into ammonium in 2 days. The only problem to me is that it doesn't show up in EC tests so you have to allow for it when making up your feed.
My biggest objection is just what you said, it vaporizes into the atmosphere. Once it does that it is no longer available for the plant to use and as such it does not give good value for money invested. In addition someone applies it thinking they providing fertilizer that will feed their plant for longer than "2 days" and their plants end up under nourished.
Urea was created with the intend to apply it subsoil so as to take advantage of the Ammonia gas. It is a cheap source of nitrogen that fertilizer companies are using to increase profit margins and it is basically deceptive to the general consumer.
I think the price for the MG Organic Choice is about $8 per quart and that makes it not a good value cost wise and combine that with the volatility of the Urea and that makes it a BAD choice for orchids.
Nothing is wrong with Urea when it is used how it was intended, for agriculture field crops.