Now you have 50 status emails and 100 responses to those emails (and 50 responses to those responses...) that you MUST!!1! read and digest each day.
Plus other people have already made (bad) decisions and started working on stuff that (negatively) affects you because you were busy "head-down working".
These are the problems that stand ups are supposed to help fix.
It sounds like the problem there is that you have a "team" with 50 people on it. You don't need to know things that don't affect you; if everything affects you, your organization doesn't know how to compartmentalize its architecture.
Well, sure - every team starts with 10 people or so, but in pathological organisations you'll get a lot more people who need to give status reports, particularly around crunch time...