Depends how much power you're making, in terms of effecting reliability and durability.
My line of thinking is that since the 7M is a 'wet noodle', as IJ so affectionately put it, at high horsepower high RPM, removing any material at all that helps with longinatudinal strength allows the engine to flex along its' main axis. This is bad, real bad, for longevity.
I mean, we're probably only talking a few percent, but it all adds up when you're pushing the envelope. At the end of the day, a stock block has the most meat possible on it, which is good for strength... and strength is good for power.
The rebuild sacrifice is the main reason, because let's face it, if money were no object, wouldn't you be driving a Ferrari and sipping martinis on your yacht while some schmuck did all this grease work for you?
Not having to buy a new block and machine it saves big $$$ in the event a piston melts or a chunk of valve rapes a piston.