One of the advantages of racking in this situation is that I don't need to worry too much if it takes me longer to get round to bottling because the beer isn't sitting on trub, so it's not going to deteriorate much if it takes me a couple of extra weeks before I get to bottling.
In the case of my most recent bottling - a MSB two row lager + saaz - the extra few weeks it took to get round to it are probably only beneficial.
There's lots of yabbering on about the potential for infection, but it seems that most people find that with a reasonable amount of care, infections are pretty rare. In the specific case of racking after fermentation is complete, the risk is particularly low because virtually all the fermentables have been consumed and there's still pleny of yeast about, so stray bugs are going to have a hard time taking over - there's no food, and lots of competition. When racking before fermentation is complete the risk is slightly higher, but still not too bad because most of the fermentables are gone, and there's still lots of active yeast to out-compete any stray bugs.
I would summarize the body of evidence about racking and home brewing thus: If you're doing kits, extracts or partials, you probably don't need to rack, but so long as you're reasonably careful about sanitation, racking won't hurt either.
To paraphrase my son's Play School CD:
Rack rack rack if you feel you want to
Rack rack rack if you feel you can
Rack rack rack if you feel you want to
Rack rack rack if you feel you can

T.