Enabling Dwarf DSYM debugging brings a number of benefits as listed in http://developer.apple.com/tools/xcode/symbolizingcrashdumps.html.
Most developers will have Xcode's debug build configuration set up to build for the local architecture will all the deployment options firmly disabled.
When building for release however we want to build for all architectures, we may want the deployment options on and may wish to extract our debug symbols into separate DSYM files.