Cooking benefits all classes, especially melee and hunters (it is a free source of food). Until higher levels, the benefits it provides are almost exclusively stamina buffs. While more stamina is always nice, cooking is not essential to leveling. Considering the time investment required, if you pick up skinning then cooking would absolutely be a wise skill to level prior to hitting your level cap, as beasts often drop meat useful for skilling up.
Last I wanna share a curious bug that almost freezes my game and force me to disable the addon. Anytime I add a (Citadel Crossbow [of the Fireflash]) my fps go from 75 to 22, and It's on a paladin, paladins dont even use crossbows. I noticed everytime I put something in my bags the addon takes the math and my fps goes from 75 to ~22 for a while (3 to 7 seconds) and is think it's internal and also think it's fine.
You could and it does make it even simpler (one button does it all) but I recommend against it. You would have to trust the undercut value. Because it also does a scan for the item when you alt click you can see that quite often there will be someone artificially lowering the item price in hopes to drop the price and buy it cheaper. Say some herb usually sells in stacks of 20 but the price for a single unit is 40g, which can go unnoticed (if no add-ons you'll only see the full price of the stack, not by unit) . Someone can easily pick one unit of that herb and post it at 20g or less.