Why?You should be pumping your tyres weekly anyway, even without problems.
Why?
Not flat, but if I grip the wheel with my palm I can feel it's much softer than after a fresh pump.
Because the tubes on bikes are more permeable than those on cars and should be kept at a higher pressure. For example my bike - with brand new inner tubes - drops from 70psi to about 60psi across the course of a week. Keeping the tyres hard improves braking performance, lowers rolling resistance and keeps your tyres healthy for longer.
SLIME recommended?