The short answer is, “it depends.”
On-axis absolute encoders eliminate periodic error and enable the mount to always know where “home” is.
That’s convenient and expedites setup for an evening of imaging. However, with Paramounts, periodic error is already very low, and after a one-time training, it becomes negligible. Moreover, Paramount’s included Homing software homes in only 15 to 60 seconds.
So, at least with Paramounts, periodic error is practically non-existent and homing is a breeze.
What about pointing and tracking?
Without encoders, Paramounts routinely allow 5-to-10-minute unguided exposures; many have reported 20 minutes. Also without encoders, Paramount’s produce all sky pointing accuracies at or below 30 arcseconds RMS.
Absent Paramount’s exceptional software, that performance would not be possible. Operating in conjunction with TPoint™, ProTrack™ continuously updates the mount’s position across both axes to correct system-wide tracking errors including tube flexures, atmospheric refraction, polar misalignment, harmonic errors from mis-centered encoders and/or worm gears, and more.
On-axis absolute encoders alone cannot correct these errors which exist with all telescopes. A properly applied telescope model is necessary to achieve superior pointing and tracking.
So are on-axis absolute encoders right for you?
Perhaps if you want to enjoy the conveniences mentioned above. And for many, that’s enough.
With that said, the optional on-axis 26-bit Renishaw absolute encoders with 0.02 arc second precision are the finest available and they operate in temps as low as –40° C.