Life Orb is superior to Wide Lens on Tyranitar. It actually benefits him when he uses Earthquake, Fire Punch, and so on, which is significant as he misses out on KOs otherwise.
As for Kingdra (and movesets relying on Critical Hits in general), relying on a CH is usually like hoping for a hit with Sheer Cold (i.e. similar chance of happening), the Pokemon tend to be too frail to wait for the crit, and they can use much more reliable sets to greater effect.
Latias's Draco Meteor is powerful when backed by some sort of item boost, usually Choice Specs or Life Orb.
The problem with Metronome is that the boost starts off too small and it is practically impossible to use one move consecutively without being walled(before setting up winning conditions anyway).
Having said all that, Metronome and CH sets could make some things effective wallbreakers due to lack of recoil and rising power preventing outstalling via recovery for Metronome, and the chance to repeatedly attack until a crit ends the stallwar for a CH set. Except it is still unreliable, and there are better methods.