We are all so ready to fall into camps behind barbed wire and gates over what ever issue. OSX is not Windows; carrying logic from one OS to the other on the install issue seems to limp at best.
Here is the solution: if you want to do a Format and Install, an Upgrade, or Archive and Install; just do it. It's your machine, and it's your life so do what makes you happy. I used to install XP monthly to clean things up then every six months be that got just too time consuming. I do a fresh install of OSX about every six months as well because it makes me happy and I have the time.
Two things I would dearly love to know are has any one ever NOT reinstalled the OS, after some initial process and what is the longest up time without a reboot. I think I reboot about twice a week, mostly because Firefox is doing something stupid, so I moved to Netscape IX.