That sounds short-sighted to me. Even in Lisp restarts (i.e. the feature that allows a handler to communicate back to the point where the exception was thrown) aren't used that often, but when they are, they are incredibly valuable.
In TXR Lisp, a continuable exception occurs every time you see a warning about something in the code, like an unbound variable. It is intercepted higher up and automatically continued.
The code expander has an entry point which allows the caller to be informed about what variables and functions are free in a block of code. The implementation of this entry point works by intercepting warning exceptions about unbound symbols, and accumulating them in in lists, which are then returned to the caller.
This is a useful thing which reduces the need for users to write their own code walker in certain kinds of advanced macros.
