As a gentoo user, I have a custom kernel with near-enough no modules. Why do I need an initramfs? And when I've mucked about with a system that used it, I got into quite a mess, and needed gentoo to get me out of it.
Yup. People don't like change. I still don't like grub - I'd go back to lilo if it wasn't for everything having moved on and forced me to change...