Ron,
It is a misconception that bearings should always be greased.
Too much grease in a bearing can actually cause it to fail. If grease fills the bearing say more than 50% full, there is a great risk of moving parts hydraulicing the grease, and causing the bearing to shatter under the excess pressure.
Excess oil has the opportunity to drain away, but still leave a film of lubrication in the bearing. So IMHO, do as the manufacturers recommend, but do follow the daily (or before running the machine on the first start of the day) routine religiously.
Bogs