For me, it depends. If you’re not going to use carpet then it’s a good idea. Some will say that it opens up the possibility for rust areas where the coating has chipped off. Maybe. But straight paint scratches very easy. Rocks in your boots, dropping things, hauling anything, paint scratches and opens up a possible rust area. Liner is tough stuff. If applied correctly and assuming a quality product, it does not scratch, rocks will not affect it. Liquids, etc have no effect on it. It actually cleans easy with a simple brush. It will almost ensure no future rust starts from inside cab. As far as “covering up rust” pics of the resto address that and my experience had been that is actually DOES NOT hide anything. It will show seams, sealer, welds, etc. I only use Raptor or Monster. They are both hard as rocks but have a low profile texture. Monster is rolled or brushed on but is an easy application that comes out nice. It is a low profile texture. No issues with bare feet. Raptor is sprayed on, is a bit harder, has just a bit more texture but not much more. It is super easy to put on and looks amazing. Anybody can apply Raptor… my favorite. In terms of a fire, all I can say is if your rig is on fire to the point the floor has caught, I don’t care what you have, it’s a complete loss.
If you’re going with carpet, then line every inch with deadner, then your carpet. No need to put anything other than the epoxy paint you used on the bare tub to begin with. If your going topless, I think liner (as offered above) is an outstanding option.