Here is another thought (on the other hand)...
The absence of all oxygen will inhibit the proper aging of your wine.
If you do big bold reds like me, new wine (newly fermented) is just loaded with tannins. The tannin load in new wine can make the wine taste bitter. Low level exposure to oxygen (or Micro-oxidation) will, in effect, nullify some of the tannins in the wine to yield a softer, smoother, wine. This is a big part of the ageing process.
Now, I am not saying that one should have long term exposure to excessive oxygen. What I am saying is that a low level, short term exposure to oxygen is beneficial to your wine.
The point here is that you do not need to be overly concerned about racking or an inch of air in your carboy. This can be beneficial. What you should worry about long term exposure and excessive headspace. Just keep the jug filled, and you will have nothing to worry about.
I love the movie "Bottle Shock" where they say that their chardonnay was made in the absence of oxygen, but then they talk about racking the wine 5 times and also show how the wine is barrel aged. Both of those activities will introduce oxygen (at least at a micro level) into the wine. Given that typical chardonnay has a big load of tannins, you WANT a little exposure to oxygen to soften the wine up. The movie always gives me a laugh and when others in my group show concern over the chardonnay, I have to explain things to them.