Some people cash out to prove steemit does pay as you blog so they can get their friends to join. And to start keeping some as SP. Some exchange their steems to help their friends get an account on steemit like anonsteem, steemconnect and i know there is another one thar came out in a post 3 days ago that goes for 12 steems.
Those are definitely SOLID reasons to cash out some Steem!