Once a code base gets mature (i.e. tested mature), static analysis becomes less useful. In my experience, though, it's worth still running it, just to catch issues with new code.
Every release of FreeRADIUS (http://freeradius.org) gets run through three different static analysis tools. They each find slightly different things.
At this point, the bulk of issues they find are false positives. Addressing those doesn't create bugs, and I'm not sure why it would.