Yeah of course man. It has its perks especially if you're not the type to catch feelings. But I've been on both sides. I've caught feelings for a f-buddy before.
Usually how it goes is: you guys stay f-buddies for a while, one or both of you catch feelings and it gets more serious.. The person whos usually has other f buddies doesn't care as much, while the one who only has you as a reliable f buddy and no one else tends to get hurt.
Now when it comes to friends that are friends besides f buddies too.. you dont care who they sleep with or anything because you guys are more friends than f buddies, but on a drunk occasion or two you might sleep with them. There are some subtle feelings there but you never like them in the way that you would want to be exclusive with them. your feelings for them more or less manifest at you getting angry with them over little things and it turns into weird arguments.. where people think u hate each other but dont know u expect more from each other cuz u guys been sleeping together
yea sorry if that last paragraph is alot to take in xD