I don't presume to speak for Bill Waterson or anyone else (and I don't mean this to be specifically about comics), but having all the space you need is, creatively, usually worse than having not enough space.
There's a sweet spot in the middle where you have enough freedom to realize the gist of a vision, but also a number of unwavering hard constraints to rein you back in.
http://en.wikipedia.org/wiki/Calvin_and_Hobbes#Syndication_a...