Handwriting has always been an interesting thing to me. I can recall consciously changing mine in fourth grade because I wanted more loopy letters and later changing mine in seventh for a more sophisticated slant.
This New York Times article reviews a few studies about the value we place on handwriting and what the skill really teaches.
A quote I liked said, "Children not only learn to read more quickly when they first learn to write by hand, but they also remain better able to generate ideas and retain information. In other words, it’s not just what we write that matters — but how."