Holding up the starter is certainly a bonus. However, the real reason for a stud is that it is impossible to use a bolt in that position. You cannot get a bolt with the same amount of threads as the stud into the hole. Access is blocked by the switch.
1950 Chevrolet 3100 (Ol' Roy)
1939 Packard Standard Eight Coupe (The Phantom) | 1956 Cadillac Coupe de Ville (The Bismarck) | 1964 Ford Galaxie 500 coupe |1966 Ford Mustang (Little Red) | 1969 Pontiac GTO (The Dishpit) I 1979 Ford F-100 | 1976 Ford F-150 (Big Red) | 1995 Ford F-150 (Newt)