I'm not talking about implementations that produce a 'successful' null pointer. I'd consider that a quality-of-implementation issue, in that implementations are responsible for returning non-null on 0-size success in the same way they're responsible for not just stubbing out every single malloc() call, so just assuming that a null output indicates failure is appropriate. (Implementations transitioned ages ago toward returning non-null for 0-size requests for good reason!)
Instead, the problem is about a realloc(ptr, size) that returns null to indicate failure. If size > 0, then the data behind ptr remains unmodified and can be later freed. But if size == 0 (and the 0-size allocation fails), then the data behind ptr is unconditionally freed according to many implementations.
This makes it unsafe to access the data behind ptr after a realloc() failure, unless you've checked that size > 0. But I argue that by making the whole thing UB instead of leaving it sufficiently unspecified, the xrealloc(ptr, size) use case that doesn't care about the leak on failure is made more complicated unnecessarily.