While getting rid of the .032 to .025 transition motivated some, most of the single piece skin guys "back in the day" that I remember, and there are very few, are machine counter sank, not dimpled. For an experienced, and qualified craftsman, you could achieved a finish that you simply can not achieve with dimple dies.
If you are lucky enough to own an Art Chard manufactured airplane, or chance to see one, they are fine examples of the one piece counter sunk wing.
Also, those that where skillful enough to adopt this method swore it was faster as you could finish the match drilling and countersink in two operations without dis-assembly and you eliminate the dimpling process for the ribs and skin.
I would not recommend this approach unless you are a master craftsman and an expert at countersinking. That was, and probably still is, above my pay grade. Most where professional builders before the rule change.
This is what I remember, but that is a long time ago. I am sure Scott or other local long time builders can chime in if I have mistated anything.