I'll miss being able to review and compare them between different pay periods, and the local Admin will probably send me many nagging e-mails to turn it back on, but I have just encountered a serious downside.
EDS has changed the number outside people can call to verify employment. It is now a 900 number. They charge quite a bit per query.
I found this out from one of my co-workers who just had his bank reject his car loan, because they refused to pay to verify his employment. Apparently if he had a physical paystub, everything would be fine, but a printed one does not count.