I don't use folds that often, but when I do they are be extremely helpful. When you run across that block of code that's way longer than it should be, and need to collapse it so you can see the context around it, folds can be very useful. Also for taking care of long comment blocks.
So while I agree with you in that they aren't a part of my typical workflow, they are a piece of vim that I'm glad I familiarized myself with.
So while I agree with you in that they aren't a part of my typical workflow, they are a piece of vim that I'm glad I familiarized myself with.