Me, personally, yes, I do. Is it absolutely necessary..... I dunno really. I don't test as though it were a reef, but I do keep an eye on it.... say once a month maybe..... why? well for a couple of reasons:
1. I like coraline, and like to keep it growing healthy.
2. Alkalinity is directly linked to pH - and pH is important...... good alkalinity, and you're almost gauranteed good pH.
3. Calcium - not just coraline, but snails etc. need it too - if you have a clean up crew.
4. Phosphate - I dunno how marful it is to fish, but uber-high phosphate will lead to no end of problems such as nuisance algae, cyano, etc...... all unsightly.
..............there are probably loads more good reasons, but in general, keeping calcium at 350-370+ppm and a corepsonding alkalinity, even higher at say 8 or 9 dKH doesn't take much effort and helps keep other parameters in order too.......
If you do alot of larger water changes, like FO folks often do, then chances are your levels will stay good anyway...... i.e. if you are doing upwards of 10% weekly waterchanges, then you will be adding quite alot of calcium through your salt mix.......
So, in short, I think folks should ocasionally check, and try to keep the levels up (ish), but more often than not, if you are runing a FOWLR tank, your water changes will be performed predominantly to maintain waste levels (nitrate etc.), and in doing so, you will be keeping other levels up. If you haven't tested before (or not recently), but you have been keeping a godo water change regime going, then you might want to take a water sample to your LFS and get them to test it....... if levels are reasonable, then just keep up what your doing, and test again the following year

.....unless of course something else gives you reaosn to test sooner.
HTH
Matt