Drilled and grooved discs are good if they are manufactured correctly.
Ie, the grooves and holes are created at casting or very shortly after. (expensive to manufacture)
Issues arise when the holes and grooves are made afterwards, weakening the metal around them.
(cheaper to manufacture)
The reason for the holes is to attempt to dissipate gas build up between the pad and disc to improve braking performance, cooling the disc slightly.
The grooves are there to help deglaze the pads and also to dissipate gas too.
The fact is that drilled and/or grooved discs are better performers than blanks, but on the right application. Otherwise manufacturers wouldn't use them. (Audi for instance use them on the majority of the R/S/RS Range)
An EP3/DC5 responds extremely well to just uprated pads with standard blank discs. As mentioned, uprated lines and fluid will provide a noticeable difference also.
Hth