Two reasons for me, better accuracy from my revolvers without fliers.
50-50 alloy will be oven hardened to make the surface tougher for accuracy without changing expansion. Still a few fliers. I hate 3 in a ragged hole at 50 yards with 2 out.
Next is the lack of room on my bench for piles of hot boolits. A 5 gallon bucket of water on a short stool is just easier. I cast standing in the garage and a short twist to drop in water can't be beat by moving hot boolits around on towels. Call it lazy but I do get better accuracy from plain old WW's.
Air cooled gives me at least 2 fliers from every five. I have shot too many groups down to 3/8" at 50 yards and 1/2" groups at 100 to ever change.
Boolits harden faster and expand a little faster then waiting for air cooled to get right. They never do.
I will even water drop pure lead balls although it has no effect at all, just easier then a towel on the little space I have between the grinder and drill press.
Something to be said about a bucket of water for an old, old caster!