Reason is:
if somehow the distributor shaft moves when it's out, with the engine at TDC, compression stroke of #1, that is a known correct position and if you have a mark on the distributor body where the #1 plug wire connects you can't be off. If you just pull out the distributor at some random position, how do you get it back there if it moves, it could be between 2 terminals for 2 cylinders, that is a lot of room for error and your timing will never be right.
Also
if you're going to work on these engines, this is a basic skill that should be acquired, just like setting the hydraulic lifter lash adjustment (modern Chevrolets don't have this but all the classic ones do, till they went to the net lash design).
It is simple enough to do, when you understand what you're looking for.
When I did the hydraulic lifter adjustment after changing the heads, I marked on the cyl head , the # of each cyl and whether each valve was an intake or exhaust, that made it goof proof (mostly lol).
