5 min for a water change?? Teach me your ways lol. My 20gal changes take about all in all atleast half hr when all is said and done and everything is dried and put away. But I'm usually taking my time and having my weekly convo's w my fish ; )Simple. My tank looks better when I do water changes. If I skip one, I can see it in the coloration and expansion of my corals. As long as that's true, I'll continue doing water changes regularly.
Your tank looks great without water changes? Great! Don't do 'em.
But... if you don't do water changes because they're inconvenient, time consuming, or expensive... you should really look at your process. Yeah, ok, a 200g bucket of salt ain't cheap, but expensive? A 10-20% weekly water change? Probably less than whatever you're dosing. Inconvenient? You need to spend some time setting up a well planned water change system. Time consuming? Same thing... my 20g water changes take me about 5 minutes, once a week. If you can't spend that much time with your reef... what's the point of having one?