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The ability to write in cursive for note-taking seems to be helpful to many folks for retaining information. I'd also argue that the ability to express one's identity as a formal signature is a milestone which society should continue to celebrate and preserve.
One experience from a previous job was especially telling --- a boss at an office supply store was trying to get in at a small college in a small town they were expanding into, and one thing which he'd done in the past in the large city he worked at was to promise things on the assumption that customers wouldn't be able to remember the specifics of the promise.
He found himself constantly being called out on not meeting promised deadlines, and that the customers would repeat back to him verbatim his promises --- he was mystified by this until I pointed out that the administrators who were doing this were all older women who had come up from the secretarial pool who were adept at shorthand.
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