Artistic interpretations aside, why would you purposely want to make your black detail at 0 (no detail, just pure black), and your white detail at 255 (just pure white, no detail), regardless if you're going to be printing or not? Most photographers I know DO print in one form or another. Blowing out your highlights or washing out your shadows isn't going to help in the long run.
I do agree with you in regards to the printing, but this isn't just limited to printing. You CAN see a loss of detail when you push your highlights and shadows too far.