Clearly, with lathes that have a separate threading and power feed arrangement (ie. a separate power feed shaft) there is no need to disengage the dial indicator, ever.
The situation with cheaper type lathes (like myfords), where the lead screw also drives the power feed, may be different. Simply put: if it ain't in contact, or turning, there will be no wear issue.
One reason why myford closed down Raglan, after purchase – myford only made and sold cheaper lathes and were not interested in making any investment in the higher quality (and therefore more expensive) hobby lathe sector, into which Raglan were clearly entrenched.