Final answer:
Orbital hybridization is vital for understanding chemical bonding as it explains the shapes and bond angles of molecules that cannot be predicted accurately using unhybridized atomic orbitals alone; it also accounts for the maximum overlap of bonding orbitals, leading to the correct molecular geometries observed experimentally.
Step-by-step explanation:
The theory of orbital hybridization is crucial for understanding chemical bonding because it helps explain why atomic orbitals used to describe bonding in molecules do not always produce the expected experimental structures and bond angles. Hybrid orbitals arise from the mathematical combination of atomic orbitals on the same atom, which are then used to form covalent bonds with other atoms. This process maximizes the overlap of bonding orbitals, leading to the experimentally observed shapes and geometries of molecules. In essence, hybridization describes the reorganization of electron density in an atom to form bonds that are not possible by simply using the unhybridized atomic orbitals.