If you do a deep stop on a no-deco dive, then it's called a multilevel dive.
The only way you can stay underwater and not on-gassing is when you are at very shallow depth.
I don't think the issue is that simple.
Many models use a variety of "compartments", with different ongassing halftimes. The halftimes for the "fast" compartments are quite short, often 5 or 10 minutes. This means that, after 30 minutes, the 5 minute compartment is completely saturated at the depth where you are. Offgassing from this compartment will begin the moment you start to ascend at all.
On the other hand, a 60 minute compartment at 30 minutes isn't even half full yet, and if you ascend a few feet, it will still be ongassing, because it isn't even at equilibrium for that depth yet.
Very slow compartments may be ongassing until you are quite close to the surface.
In theory, in no-deco diving, no compartment is going to reach a saturation value where it will not sufficiently offgas during a controlled, direct ascent (at whatever speed is prescribed by the model) to allow the diver to proceed straight to the surface. So all the stops we are talking about are, by definition, optional. (Except for the "mandatory safety stops" in the RDP, I suppose
)
It is certainly true that doing deep stops TOO deep is basically multileveling the dive. And on shallow dives, the amount of gradient you can build during a routine, controlled ascent probably isn't great enough to make any midway stop of benefit. A 15 foot safety stop on a 25 foot dive? Probably not useful, except as a mechanism to ensure the ascent speed is controlled.
But for deeper recreational dives, where a stop 2 ATAs (or thereabouts) above max depth is reasonable, it may well help control bubble formation and contribute to reduced decompression stress, which is often manifested as post-dive fatigue.
BTW, for anybody who finds this discussion interesting, I highly recommend Mark Powell's book,
Deco for Divers. It's an extremely palatable compilation of information on decompression theory (although it could have used a better editor).