I think the people who use Perl::Critic see some value in it. They've already answered this question of why. Among them, if they find that this particular policy stifles their creativity or fails to add value, they can turn it off either globally or for special occasions. For the ones who want it, I want to make it for them the best that I can.

(As an aside, I wonder if you would say the same thing of a large subroutine. Say it has too many lines or too many levels of indention, or what-have-you. Is there any gain to chunking it out to multiple subroutines (as an analog to moving parts of the regexp into variables and constructing the whole from parts)? Is it worth formatting it and commenting it?)