There's nothing inherently wrong with the practise as it encourages absolute precision in the making and fitting of parts. A drawer thus made and fitted, by anyone, is an achievement to be naturally chuffed about...and quite rightly so.
But I've always been faced by a slight niggle about this sort of thing, for example, I saw a well made piece recently where one drawer was just about sliding in and out, but the other one by it's side had seized solid!
The one that moved was obviously a perfectly fitted drawer...but is it a good drawer?
A 'piston' fit drawer will only ever be a piston fit on the day it's fitted or on a day when the weather conditions are identical. Even the slightest change in the temperature or humidity on any of the following days, weeks or months will play havoc with the fit. Moving a piece from the workshop to the house...
...as I did with this bow fronted cabinet was enough to jam the drawers and...
... I had to return to it at least six times with a block plane to ease them before they fitted comfortably.
The late Edward Barnsley is reputed to have toured the country with a block plane in his jacket pocket to see clients with similar afflictions. If a piece were ever to go to the West Indies, then a 'piston fit' drawer would be on a hiding to nothing.
A drawer can be classified as a perfect fit (not necessarily a 'piston' fit) when it slides smoothly in and out, with the minimum of finger pressure, under all atmospheric conditions.
And that's probably even harder to do.
As one very good maker replied to my question some years ago about fitting drawers...
"Make 'em baggy, Rob...make the bloody things baggy!" which makes perfect commercial sense.
I rest my case, M'Lud.