I think hondaman brought up a good point about the petcock, whether he knows it or not.
It's important to plan for the unforseen. Just because you've gotten your bike not to leak, doesn't mean it would be a good idea to stop using the petcock. My carbs don't leak in general anymore, sidestand or not. But ONCE in a while, they can and will. Just bum luck perhaps, change in the weather, just a little peice of dirt... Who knows.
But this sort of thing is akin to using the parking brake on a car. The manual clearly states you should use it every time you park. Yet, 99% of the people I know don't use the bloody thing. Autmatic or manual. Sure, I would love the convenience of not having to use my petcock, or using my parking brake. But I do.
Not because my car rolls away every time I park it, but because it COULD roll away. Just one extra step in my shut-down procedure... Sound familiar?