I use them primarily because they are not Metric. I don't want to encourage practical systems of measurement that offer no challenge.
It is an interesting question, the different sizes must have come from specific purposes, because they don't change uniformly and the size differences don't seem to be entirely in relation to bit size. The smallest common sizes #79 (0.0145) to #80 (0.0135) is a difference of 0.001, #57 to #68 also changes in 0.001" increments, but you find numbers in the 69 to 78 range that change by 0.015 to 0.02".
You also find oddities like #55 which has a 0.0055" increase over #56, but is only 0.003" larger than #54. The change from #56 to #57 is 0.0035 so why such a big gap between #55 and #56? That is the biggest gap you find until you get into the low single digits and lettered bits.
From the 40s down to the teens they settle back into fairly standard increases of 0.0025 to 0.035, with some increasing upwards of 0.004" in the low teens and single digits. Then you come to #5 and #6 which are back to a change of only 0.0015, and then a big increase starts between #2 to #3 (0.008"), #2 to #1 (0.007") and #1 to A (0.006"). The letter drills are even more erratic ranging from lows of 0.004" to highs of 0.011" without any apparent pattern.