Actually you do lose functionality by going that way. SVN handles binaries better. I can also cherry-pick files from a directory structure, so if I need to fetch out a subfolder or an individual file, I can do so. With Git I must clone the repo or set up a web service so I can get access to the file system. But they're different tools for different audiences. In my environment, I do use both of these tools together.

The lesson Git, Ruby, Subversion, Apache, and many other projects have taught me is that instead of saying "What I have is fine, I don't need what you have", I need to ask "Why do you use what you use, why does it help you, and how might it help me?