If I had a lot of old/bag seeds to grow out, I'd PT-germ about 5 of them just to check the success rate. Or let them all germ in paper towels if you're doing that many and transplant... Old seeds are the exception rather than the rule though. Though every seed germ thread now it seems like it is "soak em, paper towels", "soak em". It seems to me like it is more popular now to soak\pt than it used to be and as opposed to just paper towels... but at least less newbs seem to be using domes as if seedlings require a terrarium.
If you're using bag seed or DIY, I'd use the finger-roll test to see if they are mature. Take the seed between your thumb and forefinger, roll it and don't be a bitch about it (but ROLL it, don't apply direct pressure like an asshole either if you happen to be Hulk Hogan). If the seed cracks or crumbles it failed the test, was not mature or was compromised and most probably would not have germinated.
See, I don't like wasting time either. I know everyone assumes they simply have more experience than anyone else. But still, I fail to see how thoroughly moistened media lacks anything in the seed sprouting dept. over paper towels or a cup of water. E.g. how much 'wetter' is a cup of water over a wet paper towel... how does the water in the cup permeate a seed better than the water in a paper towel or media? In media such as coco coir/vermiculite/rockwool or even paper towels, are the seeds not still surrounded in moisture?
I'm not going to assume a seed is bad just because it doesn't sink on my schedule. I just germinated a variety of seeds, some a few years old, others fresher and a couple I had no idea. After soaking half hour for inoculation, several of the fresher seeds some of which were on the small side had not sunk. They were put directly in media and most sprouted after 3 days, the rest by a couple more. That isn't waiting 4 days for a taproot, that is cotyledons open with true leaves grown by day 4 or 5 after sprouting. Takes longer in cooler temperatures.
I would rather do it that way with old seeds, too although I'd definitely soak them for inoculation for that 30 minutes, then it is direct to media. Media is kept moist and warm, under lighting and they can germinate and sprout at the rate they are going to. They get light the moment they break through the soil.
I understand a lot of folks put the seeds soaking/in paper on top of the fridge, cable box or modem. Think about what you're doing there, warming up the seeds. It is the warmth that 'accelerates' the germination process, not the magic of paper towels. What I am saying is, if you've had bad results doing it otherwise (i.e. in media) one reason was potentially because the media wasn't kept warm enough. The temperature of the media should be +72F, tube fluorescent lighting helps that. I use a heat mat and lighting in the winter.