Well for one thing, many of us ferment in carboys or buckets without spigots, in which case getting a pump primed isn't so straightforward.
The biggest problem I can see is that when racking you want to avoid disturbing the trub. Pumping would increase the flow rate which may cause you to stir up (and thus suck up) more of the trub.
Personally, I don't think it'd be worth it, at least for 5 gallon batches - the time savings of the faster transfer would probably be nullified by the time you'd have to spend cleaning the pump afterward. Perhaps if you were doing MUCH larger batches it could be worth it, but even then, I'd think that simply moving to larger-diameter racking tubing would be an easier way to cut your racking time way down.