Silk screening vs toner transfer PCB

You're still left with having unmarked boards (what many consider the silkscreen, all the parts labels (Reference Designators, R1,C1, etc). You also have to add wires to connect top & bottom traces for any vias that were used.
If doing small SMD parts or fine traces, solder mask makes assembly a lot easier. You have to be sooooo careful applying solder without soldermask.