Port adapter density is the primary reason.
You can get a WAN blade for the 6500 that has two port adapter slots for things like T3, HSSI, Serial, T1 or OC3. But many times you'd rather get a 7206 because it has 6 slots.
Also many times networks are built in a modular fashon where the LAN switches/routers only have to worry about lan routing, the WAN routers then only worries about WAN routing...it helps when the network starts to grow and you deal with modular pieces/blocks instead of individual gear.