I think more importantly, there's no value added for the trouble.
But as a student and/or admirer of all sorts of woodwork, metalwork etc, I can say with some certainty that most things can be done equally well by hand or by machine, and things are usually most easily with a combination of both. If you have some experience and an eye for it, you can usually spot where quality was sacrificed for the sake of using a machine where hand work would be better, and vice versa.
My personal feeling, not just with cues, is if you can't make sharp details (just as an example) because router bits have diameter and you don't feel like/can't/don't want to/whatever finish it off by hand, I'd rather you just skip it. I'd rather have it done right, but imperfectly, than perfectly done by cutting corners. I don't demand absolute perfection, just good craftsmanship and pride. A seasoned guitar builder I know calls it "seeing the hand of the maker." I don't mind that.
edit:
Incidentally, for those who don't know him, you need to check out George Wilson's wood and metal work. He's an amazing craftsman.
And if you really want to get blown away by the artsier side of woodworking, check out Randall Rosenthal's work. There are very few things I see that I think are completely jaw dropping and can't even begin to comprehend just how in the hell it happens. Randall's work does it for me.
http://www.randallrosenthal.com/
Absolutely agree. Years ago I did a fair amount of woodworking, primarily as a hobby. I did inlay work as well as relief carving. While it was fun and created a means for practicing my skills, I soon discovered that no one was willing to pay for the time and work involved. I do enjoy seeing such beautiful work. Thanks for the references.
Paul