Meh, flashing has advantages:
Modding the BIOS and reflashing is the only way to change the shader clock independantly from the core clock in Geforce 8 series.
Modding the BIOS can let you change the thermal warning temp.
Modding the BIOS can let you set clocks without any windows level utilities, that will stick even if you reinstall or move the GPU to another machine.
Modding the BIOS is the only way to control memory timings.
On some cards, modding the BIOS can give you more voltage without any soldering required.
On some cards, modding the BIOS can unlock pipes/ROPs/shaders
Generally its not as easy to unlock disables pipes etc anymore, so no GTS->GTX mods.
Eevn if you "kill" the card however, you can usually flash back blind or with a PCI card. (or a 2nd PCIe card with a motherboard that can take them both)