Thanks for the responses to my original question. I have to admit a mild surprise in seeing 20+ responses in one day. Great feedback and several take-aways:
I get that professionals would use backs because it appears more professional/finished. That was why I was initially leery of omitting them, it just does not look like I expect a first class product to look. Some of this is probably just my preconceptions, since nearly all cabinets have backs.
I also get the cleanliness argument, although in our case these are utility cabinets in the laundry area so food is not an issue. We also have zero interior pest issues, probably because (1) we have a quarterly pest service (2) the house has spray foam insulation (sealed up tight as a drum) and (3) we are persnickety about keeping it clean. In other circumstances I can see this being more of an issue.
I see less need for backs to preventing racking, since ultimately the cabinet will be screwed to the wall, and shimmed true if needed. Backs certainly would limit racking, but it's probably not the main reason they are widely used.
After considering all the comments and pondering it a bit more, I plan to omit backs in the base cabinets, save a few bucks on material and cut out a couple operations. I will not omit the backs in upper cabinets, simply because I would see that every time I open them.
Thanks again, as always great feedback from fellow FOGer's!
RMW