From what I can tell the need for a surface plate all depends on the parts you are building and the the precision you need. For the parts I build I don't need a surface plate and have passed on some of the used ones I have found for sale.
If I was more into machining my own fixtures and accessories I could see how I would need a decent surface plate since measuring errors have a way of telegraphing and multiplying through the parts made on those fixtures and accessories. From what I can tell this path kind of inevitably leads to a surface grinder.