Yes fretless requires correct saddle intonation adjustment (this is what Beheroth and i mean by 'intonation') if there are side dots or fret lines and you want these to be somewhat consistent along the length of the fretboard with finger positions. I realise that the fine pitch adjustments are made by ear but the rough initial orientation is often done by looking at side dots or fretlines, for those who use those. You suggest that running out of intonation adjustment room is not a problem. If the player is going to ignore side dots and there are no fret lines then it isn't a problem. But on this instrument the adjacent frets are likely to be visually used as 'fretlines'. Intonating at the 12th only is poor practice and even worse for a fretless. I just intonated my fretless bass by checking tuning at every position, in order that the side dots are somewhat consistent with finger positions along the whole length. But the 'finger position' used turns out to be the point at the edge of the finger closest the bridge, not the centre of the finger, because the contact point with the board tends to be closer to the bridge than finger centre. It is possible for the whole board to be somewhat accurate in relation to side dots or fretlines if this is taken into account.