Running NTP everywhere wakes every guest up periodically, so you waste a fair 
amount of cycles waking up to do nothing for most guests. 

The clocks in Linux guests do drift slightly (even if the HW is synced to STP) 
-- it's order of tenths of microseconds, but it does lose a little (barely 
measurable) bit.

The things that really care about time (like any service using Kerberos 
security, or other things that use time as a salt in some other process) need 
NTP because they don't work without completely accurate time.
Everything else can get along fine with running ntpdate once a day.

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