The cost to develop such a unit, and maintain the databases, is high. GRT was working on it a few years ago but I think the project stalled out as they realized how much was involved. Remember too that the market for IFR GPS in the certified world is a lot bigger than the experimental market--a lot of us would probably be happy with "just" the basic GPS nav and approach function since we have a lot of the other features already built into our EFISes*. Most certified owners were probably looking for the most capability they could get in one box to keep the total cost down; hence the development of IFR navigators with big map screens, traffic, weather, etc.
Only literally in the past week has a potential market big enough to support a unit like you're looking for opened up.
*Yeah, there's the GPS-400W... it's old but honestly I don't know if you'd be able to get the price of a new unit much below a -400...