Answered my own question. I'd have to apply the same logic as in the formula to get the output I want, so it does actually save time. Otherwise, I'd have to apply the same logic every time, which is repetitive and laborious. Also, if I forget to check the type and just get the size, I will actually get a result of whatever input I'm passing to size, which could yield results I don't want. So, moral of the story: formula is good, type check in formula is good and results are consistent.
Open to feedback on that.