I definitely think there is a place for star reduction - both in BB and NB. There are images where the number and size of the stars stop one from seeing the full beauty and detail of the subject and I think thats the time for it. I do fully agree that it can be overdone and its needs to be done with a view to the overall image and it is sometimes difficult to strike the balance. I have sometimes looked back at an image and seen that I did indeed overdo star reduction and have gone back and brought them back up. (reduced the reduction?? :cool-1

So I think that really the answer to the original question can only be "It depends"!!
And like so much in astrophotography that has a lot to do with ones personal preferences. For me it is different for each image and is based on the premise that the stars should be reduced only as far as is needed for the subject matter to become the main draw of the image but not so much that they become insignificant (but that again is pure personal judgement!)
I am not a great fan of entirely starless images but there are some where I can appreciate the chance to really focus on fine detail of the subject - so long as the stars are not replaced by artifacts. But i always like to see a starred image alongside the starless, it puts the subject back into context.