Hi,
this is very similar to what happens with block analysis in general. If your simulation is not converged, you should notice that the estimated error *grows* with the block size instead of being stable. If you only make block analysis with, say, 5 blocks, you might not detect any problem.
There is a very simple example where this would be a problem: let's say you have two wells, you start filling well A and never visit well B. Clearly, you will not be able to estimate the free energy difference between A and B. A more subtle case would be that the system jumps to be at some point and never comes back. With properly done block analysis you should be able to detect the problem. But if you are not careful you might easily underestimate the error.
I would say that one has to *always* qualitatively check the simulation for transitions between the relevant states. Only after this has been done, it makes sense to compute the error with block analysis. In addition, with replica exchange one should check transitions in the "demuxed" trajectories.
I would also suggest to only use a part of the trajectory (in the past I often used the second half, or maybe the final 3/4) for this analysis. In this part usually the bias is not changing much (at least with well-tempered metadynamics), as it can be easily verified using sum_hills. If the bias is not changing much, the "final bias reweight" is equivalent to standard umbrella sampling reweighting and possibly to all other reweighting schemes available in the literature (this final statement is just a guess). An extreme way to apply this principle is to do "umbrella sampling refinement" on top of metadynamics, that is: stop adding hills at some point and only analyze the trajectory past that point. This is not too different to what happens with well-tempered metadynamics, where the bias grows less and less. What I find inconvenient of this approach is that it is more difficult to prolong a trajectory that is found to be not long enough.
I hope this answers your question!
Giovanni