It's inferior because you *can't* tell it what to do . . . and because they're inferior.
A clever balancing charger can tell what the cell voltages are and how many cells are involved, but it can't tell what the maximum charge rate is. This means a balance-only plug-n-play charger may charge at a faster rate than the pack can handle (or slower, if you're charging a larger pack than it's designed for).
They also have a tendency to be inferior because the charge circuitry is inferior -- Cheap products are made cheaply. If all it has to do is run a lipo charge curve and an indicator LED, the charge controllers can become very simple . . . and lack the sophistication needed to manage the charge process well across multiple cells.
I've had a balance-only charger I've used for smaller 2s packs unbalance charge a perfectly good pack. Light goes green for done, pull off the pack and test with a battery alarm . . . one of the cells was full and the other was under 4v
Put the pack on a programmable charger and told it to top off, and it accurately topped off the less-than-full cell, reporting the voltage it measured the whole cycle through, and that battery is still running fine. If I'd flown with that pack out of balance like that, I'd likely have damaged that pack.
I'm not saying there aren't golden chargers that despite their minimalist interface are wonders of charging science, that so long as your battery can handle it's full charge rate, it will work like a champ . . . I'm saying it's very unlikely that the balance-only charger you'll run into will be worth the power to run them.