Are you really positive that your system never drops a frame, or could it be possible that you are one of the fortunate who doesn't see this? If you watch a news ticker for a minute, does it go completely smooth all the time? I just don't undestand how perfect playback would be possible without using Reclock.
Unfortunately I'm not one of those lucky ones that don't see the judder. Perfect playback is possible if audio and video clocks run at the same speed. So it depends on the luck what HW you have.
btw. Have you noticed that there is ugly stuttering when some news clips are converted from NTSC to PAL?
For example in my setup, MediaPortal always claims zero dropped frames, but during pans, news tickers or scrolling credits there is a very brief "jump" once in three to five seconds.
News tickers are smooth always (unless there is dropped data in the signal).