The two main points here is that 1. the fish are more susceptible to getting sick and 2. their life spans will be shorter.
Yes, right now they may be fine. Seem healthy and vigorous even. BUT, they are far more likely to suddenly develop a bad case of fin rot, ich, etc. or have a cycle which will kill them even more quickly.
Yes, they might seem healthy and vigorous all their life, but they might die at 1 year rather than 5 years.
Oh, yeah, and guppies are like the cockroach of the fish world. It takes quite a bit to kill them. They can survive in less than ideal conditions. But that's what they are doing--surviving. They aren't thriving. Yeah, I could live in a heavily polluted area (can you say smog and industry?) and seem healthy. But I'd have a much longer life and be much healthier and happier in a less polluted area with good water, air, and food.