I like to do a mash out step, I also do step mashing and fly sparge. Personally with my beers I had noticed that with the same recipe if I did a single infusion mash and batch sparged with out a mash out step, my beers seemed a little different, slightly flabby regarding mouthfeel.
At the BJCP study class I am in, last week the owner od Lightning brewery was there and he was giving a presentation about mashing. One of his points that I found really interesting was that if beers where a mash out is not preformed can get over mashed. grant it he is talking about pro-brewing, and he did say that under normal home brewing conditions this should not be a problem. But if your lauter step went long for what ever reason it might be a problem. He described over mashing as when the Alpha-Amylase is active for too long, it can break the longer chain sugar that are non-fermentable, down even further leaving only short chains of sugars that are still unfermentable but don't contribute much to mouthfeel.
This was nice to hear because it gave some validity to something I was noticing in my process that I could not confirm.
With a mash out, you are actively denaturing the enzyms of the mash, and essentially stoping the mashing process, before you move on to the boil. If you want more of an explanation of this, OP, you could head out to Lightning brewery out in Poway and see if jim is around. I don't know him personally, but he was really nice at the meeting, so I bet if he was available at the tastings room you might be able to pick his brain about the subject.