I've had ETL tools build metadata for me before. I think there might have been a time (once) that I didn't regret it.
Although some tools will attempt to write metadata for me, I insist on reviewing it, and usually choose to re-write it manually. There might come a day when I'll trust an ETL tool to do this for me, but they've got a long way to go before I get there!
Metadata controls what the ETL tool can do for you. In general, ETL tools deal with MASSIVE amounts of data. I usually don't have enough spare disk/cpu/bandwidth to squander any of it (but then again, I'm a speed junkie too).
Your milage may vary, but I'll still roll my own metadata, thanks!
-PatP