Great responses so far. Just some thoughts on front and rear tilts/swings from me.
Since the back position determines the perspective rendering, positioning the back relative to the subject is important (e.g., parallel to buildings or trees to eliminate convergence). However, you coould do that with your pan/tilt tripod head, and eliminate the need for these movements on the back. Tilts and swings on the front will be lighter and won't need to be as robust (unless your using monster lenses!), so you could save some weight by eliminating back movements and having them only on the front.
That said, it is really convenient to have swings and tilts on both front and back. Add to that front rise and a bit of fall and shift on one of the two standards and you have the package that I consider to be "basic." Many cameras have no shift feature, but I find shift indispensable, so I would include it.
There are some drawbacks to not having swings and tilts on both standards. One would be in the case when you have your camera set up and then wish to tilt/swing the back. You would have to then reposition the back with the tripod head and then re-frame, etc. using the front movements.
Having tilts and swings on both standards also allows you to use the "point-and-tilt/swing" technique to get more rise/shift if you need it. When using a field camera for architecture (which I do often), this ability comes in very, very handy. With tilts/swings on just one standard, you will not be able to take advantage of this trick.
Best,
Doremus
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