Because you do not want to use those corrections with eg. the HC35 and people in it. it can distort people in a really ugly way. In that case I am very glad I can turn it off (I was very happy to be able to turn it off in these cases). CA, I cannot think of a reason to turn that off.
I would say that the Hasselblad DAC works and works well. It does what it is supposed to do. Distortion is corrected, Chromatic Aberrations are removed (in the vast majority of cases) and vignetting control is there to lighten the corners.
Since the beginning of the thread was about all the options, I will say that some of the pluses of the Phase One approach are a little different. First, there are many more options for control, including:
*purple fringing
*sharpness falloff
*light falloff
*distortion control
*vignetting control
*chromatic aberration
*and of course color cast, (LCC)
Also, while Hasselblad's DAC corrects the distortion or does not, Capture One's corrections allow you to manually adjust the amount of correction. And while most images just need to be corrected, for some things it's nice to be able to allow for distortion if it suits the end result, people for example. You can still correct that lens exactly the way you want and save that as a setup to be used as the default for that lens.
In addition, the vignetting tool in Capture One allows for darkening the corners as well, something that not all lens correction tools allow. And not only do these corrections work on the Phase One lenses, most of them are available for ANY lens - Hasselblad HC, Hasselblad V, Contax, Canon, Nikon, Schneider Digitars, etc.
Steve Hendrix
Phase One