@Jeffro - I would also want a checkbox option to delete revisions on publication.

This has got me thinking about UI bloat thought and I think the following could be moved out of UI into wp-config, after all they only need to be set once, and could be part of the setup. After that there is almost never any need to change them unless you are already doing something much more significant.

WordPress Address URL
Blog Address URL
Email Address (the admin one)
Timezone
Date Format
Time Format
Week starts on
Remote Publishing (debatable)
Encoding for pages and feeds
The entire privacy page
The entire permalink settings page
The entire miscellaneous page

If we can all agree that these are not needed in the UI then we can start a campaign to really clean out WordPress.