An old timer I used to work with said that another reason (aside from cost)
was to avoid patent infringment. I have no real idea if that is true or not,
just something I heard. I do remember "Don't be a dunce, buy a Muntz!".
As Nick described, it was a hack method to eliminate components to the
minimum and still maintain some level of function.
It may have cut fabrication costs by a small degree, but was also
synonymous with being cheap and poorly engineered.
Nothing a self respecting engineer would want to hang his hat on.
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