To the original poster and others....IMHO and from a technical standpoint, a CV IS needed for two reasons....To keep weep from back feeding to the gravity tanks AND to keep wands from dripping water when not in use...The back feeding to the gravity tansk is pretty much common sense, but a dripping HP wand might leave you scratching your head?!
This past winter I shut down for a few days, pumping -20° washer fluid into all the HP hoses. I leave the hoses full of WF back to the pumps until I open back up. This time when opening back up (20° temps), one bay was froze solid up into the attic...First time I've had a bay freeze in years. What I noticed after that was this particular bay ALWAYS had wet floors over to the drain. Then noticed this bay was continually dripping, once about every 5 seconds, unlike the other bays...This is why the bay froze, it syphoned all the WF out of the hose and filled it with water during the time I shut down....I have Ball valves on my gravity tanks, from now on when I shut down, I'll also turn off the feeds from the gravity tanks to keep this from happening.
Finally this morning I had a chance to take the affected Giant Unloader/Regulator apart to check the built in CV. The Oring was worn pretty good, been in service for 11+ years...A new oring fixed the dripping problem.
So the CV stops the wands from dripping and also from backfeeding the gravity tanks...I can only see a lot of problems if you don't have one installed, either inline or inside the Giant unloader/regulator like Mark VII built into their systems. That is, unless you have "Perfect Sealing Seals and Seats" in your pumps, we all know this isn't possible long term.
The theory behind dripping wands is liquid has .433 LBS of pressure for every foot of head...The top of the water in my gravity tanks is about 24" above the tip of the wand as holstered in the bay. So water will seak lowest point, unrestricted. Even thought the CV is designed to keep water from backflowing to and through the pump, it also serves as a seal from water flowing in the opposite direction, as long as there is enough spring tension to hold the seat. In my case, just a little less than 1 psi....