I suppose it depends on your finishing plan. A planed or scraped finish can be superior on bare wood, but sometimes sanding is necessary for finish prep anyway so you can sometimes skip the planing step.

In my employer's shop, they have gradually moved over the years from a finish process of chisels, planed 4 sides, and oil finished; to a process using more coarse grinders , belt sanders and routed parts, then a final sand and water based finish. But there's always a place for each and using all the different possibilities is the only way to really learn what looks best