The reason is: if you lose your siphon for whatever reason (e.g clog, airbubbles, evaporation during powere outage...) and the pumps are going; you will pump from sump to tank, it won't drain, you overflow tank, you get wet floor, you get wife really mad at you etc.
A built in overflow doesn't have this problem as it just uses gravity, and does not use a siphon to lift the water over the edge of the tank.
HTH