if you refer to sanding for the likes of , say, bowl turning, I doubt it would be all that effective - most sanding dust , assuming you sand with lathe spinning, is ejecting to the outside anyway (so a sanding hood fitting on the lathe would be far more effective) Personally, I think Mirka and Festool are just over-priced hyped-up brands - you can find equally good quality tools for less money from your regular "plain old, plain old" everyday quality brands like Makita, Dewalt, etc.
For the "features" offered by those "premium" brands like Festool, I don't think they add a whole lot to the bargain for the price you pay (but then they have to charge big prices to pay the influencers and hype-sters to sell their tools for them!)
I simply can't imagine sanding a bowl with a 3" sander that had built-in dust extraction and not having most of the dust still escape the extractor - when sanding a bowl, your sanding pad is rarely ever laying flat enough for the dust extraction (that I assume sucks it up through the pad) to be able to work effectively... most of the dust is being ejected from the edges of the spinning disk, away from the dust extraction..