Rodger,
Few, if any, cars today run throttle body injection. When fuel injection first came into the market widespread, throttle body injection was the route they first went. Many of the 1980's GM trucks used throttle body injection. The reason was that it was cheaper to design and build because, as others said, it was essentially a carburetor without the jets and one or two large injectors in its place. It was also a proven technology. My brother has a 1990 Chevy C3500 with a 454. It has the CFI set-up. When GM started building the "Vortec" series engines is when they went with the Multi-Port fuel injection.
As early as the 1980's, Ford was building Multi-Port injection in most of their engines. IIRC, the first year for the Multi-Port injection in the 460 was 1987.
Direct injection was first started, as far as I know, in diesel engines. From what I have read, direct injection gaasoline engines are on their way, but as of right now, it hasn't been perfected yet.
Tom