What a great question.
It matters because if there is any functionality with Transparent Events that we are not aware of,
we certainly want to know.
As far as I know, its just for looks, but some here say it affects workflow, so we are curious.
I reserve the term “functionality” for “functions” related to editing, and the same with “workflow”,
unless you are just throwing the terms around.
By all means post a simple example, so we understand.