That's not entirely correct.
Except for tears and cracks caused by impact damage, the "cracks" in urethane bumpers are not cracks in the substrate (parent material), but cracks in the topcoat primers and paints above the substrate surface. Repair quality of substrate and above-substrate cracking is highly dependent on surface prep.
If the bumper has not seen impact damage, yet the surface appears to be "cracked," all surface finish and primers must be completely removed down to the actual urethane substrate. Media blasting is actually very effective in removing all finishes, since the paints and primers will be removed, and the media errosion will stop at the flexible substrate. Once all finishes are removed, the bumper can be "built up" using modern urethane products for a perfect finish that will last as long as any "new" bumper. Tears and damage can also be effectively repaired, and life expectancy of the repair is the same as that of a new component.
If only the "cracked" areas are refinished without attention to the entire bumper, other areas will eventually develop these finish cracks. If the entire bumper is correctly stripped and prepped, it will have outstanding service life and durability - I have "cracked" urethane bumpers that I refinished 20 years ago that still look new with no new "cracks." You have to decide what your time is worth in making a "replace" decision.