I prefer RTs too. I find them much easier to use.
IMO...
Generally speaking there is no reason not to use an RT over a variable formula field, generally just a matter of preference.
In some more complex cases it may be wiser to use formulas.
Only thing you have to watch for here is if he used that formula in anything else or if he has another reset fomrula to count rows in a group (same thing as resetiing in an RT).
Edited by DBlank - 06 Oct 2010 at 10:24am