The fraction of the genome that your analyse with BUSCO is limited, it only looks at the proteome (== the set of regions to be 'translated' into proteins), the majority of a typical genome is not included in that set!! So all that you will miss when only focusing on the BUSCO results.
Moreover, even 'errors' in the proteome you will not necessarily pick up, as single nucleotide differences might not affect the resulting protein (== wobble positions) and even if they do, BUSCO might still flag it as an OK (== present) protein and count it as such.
As stated by others, tools like QUAST do already a more comprehensive analyses.
Bottom line: yes sure the accuracy is high to very high nowadays but that will not eliminate the need, or better said the advantage of still doing it, of polishing,preferably with super accurate short reads. Depending on the goal or level of quality you pursue you might not / slightly / highly benefit from doing it anyway. (eg. if you're only interested in a global picture of the genome there is little gain of doing it)
EDIT: depending on your goals polishing has actually never been a strict requirement ...
A small note: for the correction I didn't use HERRO itself, but "dorado correct", which is the module of Dorado (https://github.com/nanoporetech/dorado) that is based on HERRO.
Can you clarify with which model was used with dorado? HAC or SUP? SUP calling does take almost 2-3 x as long and afaik ONT recommends sticking with HAC for most use cases. SUP calling does appear to improve the quality of data though.
SUP. The article about HERRO states that its neural network was trained on SUP reads. Thus, I doubt that it will work equally well on HAC reads.
Thanks. All of this is likely going to be dependent on the genome being sequenced and its characteristics. I assume you are not referring to human genomes in this post.