Why one number instead of two
800 DPI at 0.5 sensitivity and 400 DPI at 1.0 move a crosshair by exactly the same amount. Quoting either number alone tells another player nothing, which is why the community settled on the product of the two.
That makes eDPI useful for one job: comparing two players inside the same game. A 640 eDPI Counter-Strike player and an 800 eDPI Counter-Strike player are directly comparable, and the second turns 25 per cent faster for the same hand movement.