Re: It may be a US "standard", but...
You are aware that the "serial comma", also known as the "Oxford comma", is the more traditional British usage? It's one of a handful of instances ('-ize' at the end of words being another) where British English chose to 'modernize' itself and American English stayed with the older usage. The OED to this day supports both the comma and '-ize'.
As for your legibility argument: again, are you aware that when you post a comment online, HTML will remove any extra spaces you type in? Look here: how many spaces do you see directly after the colon? (Hint, I stopped counting after 20.) So you've been happily reading, and posting, text without the extra spaces for as long as you've been online.