I've been doing small computers for 22 yrs. (built my first one from a Heathkit with discrete components - transistors, resistors, capacitors, diodes, crystals etc.) - I don't need some "authority" to tell me what the correct answer is - though I probably read it in some early edition of Mueller's "Upgrading and Repairing PCs" or one of those 'Build Your Own PC" books - I've read so many they all blend together.
. If you don't understand how knowledge and logic can lead to the correct answer, then you probably voted for Clinton and Gore (or maybe even Nadir [sic] :disgust: )... I have decided that this is the best answer for ATX where all mounting points are done with screws (in the days of AT most were plastic standoffs w/ plenty of play), but I have also stated that they are probably not really necessary any more - if the builder isn't ham-fisted.
.bh.
Here's my logic:
1- Most mobo mounting holes are thru-plated.
2- Their stress pads are tinned (tin/lead solder) which flows under stress (lubricant).
3- They are all connected via the thru-plating to the ground plane.
4- Do the washers protect both sides and thru the holes? Then not for insulation.
5- No luricant or protection needed unless the screw heads have teeth on the bottom (shouldn't be used for mobo mounting anyway - just for metal-to-metal).
. So you tell me what is left for the washers to do. Oh yeah, they do provide some protection from over-tightening by the ham-fisted and I've used them as shims to true up an uneven mobo or compensate for a short standoff or a long screw. And back in the day, they could be used to keep screw heads from contacting nearby traces, but I haven't seen any mobos w/o stress pads that are much larger than the screw heads for ages - guess the mobo mfrs learned their lesson...
.bh.