Has the need arisen?
Sure. Over time one may develop a slightly different taste, or the source images can be improved before blending them with the pano stitcher. For example, if image tiles have longitudinal chromatic aberration, or high ISO noise, and a better way of removing it presents itself, then I'd redo the pano.
Another example is the improvements that the 'relatively recent' (I've been stitching since the film days, with print collages and later with scanned film files) Topaz Labs 'Clarity' and 'Detail' can add to an image, which may be enough of an improvement to redo old panos.
Another one is when Capture One version 7 was released, the Raw conversion quality made a significant jump ahead. Some panos that were intended to be output large, or got improved tonality, were redone from new TIFFs, with the same stitching project settings.
Because re-using a project-file is so effortless, it is done quicker than it takes to produce the actual output.
Cheers,
Bart
P.S. There are also ongoing developments in Blending engines, that may create better output straight from the stitcher, thus allowing to replace layered Photoshop files.