Well, what if you want to mark a point in time to see if you are improving or messing up your track?
After Day 1 bounce to tracks your current version.
After Day 2 do it again.
After Day 3 do it again.
Now you can A/B all the different versions.
Honestly, I think there are lots of reasons to do it. Saving processing power is the oldest reason to do it. Once it's been rendered, you can listen without having to apply all of the FX you were using before... you could apply more FX or whatever. Sure, if you have a good PC this doesn't matter much.
How about this... when I bounce out a 4 hour recording, bouncing each tune using bounce to tracks, I end up with an additional track with short clips for each tune. I can visually see the tunes in the navigator and scroll around the project using the navigator. After bouncing the whole recording, I can go back and to it all again changing the EQ on the guitar. I can make a global change, re-bounce and burn then listen in my car when I'm commuting, saving me time.
I can come home and make more tweaks to the EQs - rebounce the mix to a 3rd mixed down track and call the artists over to listen and A/B the recordings so she can choose her favorite or we can talk about the differences and what other tweaks might improve the recordings.
Before it's over, I return to listening to each tune all the way through, adjusting settings for each tune, and then, yes, bounce to tracks again. Why not?
And when it's all over, if I don't want to keep all those rough drafts... Delete, delete, delete.
So what harm does it cause?
Using Sonar to mix and having an unlimited amount of time to tweak, prompts the question 'what do I want it to sound like?' I find myself saying, 'show me every way it could sound and I'll pick one' haha. And then, during the real performance, I apply some of the things I've learned using Sonar (try to anyway) and see how it sounds live - vocal compression - eq - mains compression - verbs (on what and how much).
Jonesey, I'm not trying to be a pain. I guess I'm answering for me, and you weren't asking me. Ha ha. The answer the OP gives could provide an opportunity for you to teach him something important. I guess I'm responding because your post made it sound like there was NO legit reason to Bounce To Tracks, and I took issue with that. You didn't say that in your post however. All you asked is WHY. I suppose there should always be a WHY for everything we do, and addressing the WHY might be more effective than addressing the HOW.