Racking is one of those things about which reasonable people vary.

There is an increased risk of infection, and an increased risk of oxidation damage. Both these this are *risks* not certainties, and for my own part, I've racked almost all of the 28 brews I've done so far, and have not had an infected brew (some infected bottles, yes[*], but infected brews, no). One of these days I'll deliberately try to oxidize half a brew on racking so I can compare it to the unoxidized half, and then maybe I'll know what oxidized beer tastes like....
I think you'll find (okay, so now I'll be proven wrong) that there is a stronger consensus in favour of bulk priming. It makes it easier to bottle into multiple sizes of bottle (e.g. some longies, some stubbies, or 500ml bottles, &c), and it makes it much easier to tailor the carbonation for the style.
T.
[*] All my beer is stored in wooden boxes on Ikea shelving, so of course it would be a couple of bottles on the top shelf that break and dribble beer and broken glass down through all the rest of it.

Dost thou think, because thou art virtuous, there shall be no more cakes and ale?
-- The Twelfth Night, William Shakespeare