There is much more than ample computing power and certainly more data would be useful but Satellites monitor most things needed. I think the main area where limited data has any significant effect is in slow ocean circulation changes and temperature, especially in the deeper ocean.* The real problem, is like many others: The vested interest of the powerful, mainly corporations in this case.
When data is lacking the worst should be assumed and this feed-back rich natural system should NEVER be modeled as a linear one. There are clearly MANY (30+) positive feed-backs known. Depending on the "loop gain" positive feed backs lead to exponential growth - not even possible in the IPCC's LINEARIZED model Why intelligent people like Billvon even believe the IPCC, much less defend them, is beyond my understanding. I have pointed out the main linearization flaw of the IPCC to him in several replies, but he does not even comment on them.
* At least 35 years ago, APL/JHU where I worked had a very accurate** single satellite system that the US Navy paid us to develop, so nuclear subs would know exactly (a few meters error) where they were when launching their relatively small ICBMs. Conversely, if you knew exactly where you were on the earth, the orbit of the satellite could be known precisely. Another Navy program, had used this to define the earth's gravitational field very precisely. (I think more than 30 terms in the spherical harmonic description of it - highly classified data - even just the number of terms known was.) Thus as satellite passed over the Gulf Steam (or eddies it throws off) a downward looking precise radar on a few of the satellites could measure the distance from its antenna to the first reflection (off earth or ocean surface) with only a few cm error!
A civilian ocean research program part of this system existed - The Coriolis force on the Atlantic Gulf Stream flow tilts it surface (West side higher, as I recall.) and that tilt could be measured to a few percent error. - I.e. the flow was accurately known more than 35 years ago and dozens of eddies it had thrown off were quite well measure to on the order of 10% error.
This is why I doubt there is much of a data problem. The IPCC publishes crap because they are constrained by vested interest to do so.
** It was more accurate than GPS which replaced it. The truly gravitational satellite the main used tiny thrusters to follow (keep exactly at the mass center of the main satellite, was a ball about 1 cm in diameter, made of gold/platinum alloy that had zero magnetic force acting on it (neither para nor diamagnetic). It was very expensive to build theses satellites as we had to know exactly where the center of mass was. If the ball was not atthe mass center, then the tiny gravitational force of the main satellite's mass steadily acting on the ball would make it not follow precisely the orbit Earth's gravity alone would give it. Thus every resistor, every drop of solder, every wire (and its path thur the satellite), etc. had to be weighted and location known - Why each satellite costs many millions of dollars. GPS replaced it because it was cheaper - and inferior in accuracy, but still good enough in accuracy.
GPS satellites have constantly changing orbits (residual air drag most important I think, but sun's radiation pressure, magnetic force, etc. all made (and still do) it necessary to periodically correct the satellite's stored information about its orbit parameters, every week or so. In the MAD era, the Navy wanted to be sure that even months after the US was nothing but radioactive ash, the Polaris nuclear subs would still know exactly where they were.
Ironically, APL/JHU invented this very precise system when trying to learn the exact orbit of USSR's "Sputnik." Many were trying to do that. APL/JHU got the very best answer, by far in a few weeks. Then realized their method (record the Doppler shift for up to ~15 minutes as Sputnik was above the horizon) could be inverted, if you already knew exactly the satellite's orbit, to find out where you were on earth.