I\'m looking at the five stages MIPS pipeline (ID,IF,EXE,MEM,WB) in H&P 3rd ed. and it seems to me that the branch decision is resolved at the stage of ID so that while
within a mips core like that with zero wait state randomly accessed ram sure. but depending on how the fetching is implemented and caching behind that, you may still want/need the concept of branch prediction to start those fetches earlier. the pipeline is just a small part of a bigger system. system busses are usually not single cycle here is my address I want my data by the end of this cycle, there are address busses and data busses and tags that cross them so you can have multiple transactions in flight at the same time, like a pipeline trying to optimize the bandwidth of the data bus knowing the peripherals and memory on the far side are too slow for that bus.
prediction "could" be used to assist these other features in getting instructions into the pipe faster or more efficiently.
from an academic sense though, the idea of the slot is to give the pipe a cycle to switch gears along another execution path. It only actually saves you if the incoming end of the pipe can be fed any random thing it wants every clock cycle. which isnt real world.
another academic solution is the arm one of conditional execution on every instruction, you can construction execution sequences to keep the pipe full and not have to flush or stall... again so long as what feeds the pipe can keep up...arm dumped the conditional instruction idea in the new 64 bit instruction set. some/newer mips you can disable the branch shadow/delay slot.