For almost all of the searches we do (and we do a lot of them), we use -m 9 -d 0. -d 0 says no alignments. -m 9 usually gives the alignment information you need (percent identity, number of gaps). -m 9c (or -m 9C) gives the actual alignment encoding. Current versions of BioPerl fasta.pm can parse -m 9 output.
If you like BLAST tabular output better, try: -m 8 or -m 8C.
But mostly, use -d 0 (no alignments).
It also makes sense to set a stricter E()-value threshold, particularly for all vs all. At least -E 0.001.
The information in the previous answer is mistaken. -m 9i (the 'i' simply adds percent identity to the normal description line; -m 9 gives much more information, i.e. alignment boundaries) does not prevent the alignments from being displayed (you need -d 0), and it doesn't show only the best alignment (-b 1 would only show the best description line, without that, you will get all the descriptions with E()-values better than the threshold; -b 1 would be inappropriate for all-v-all, since you would just get back the identical match.)
Using -m 9 -d 0 is much more compact than normal FASTA/GGSEARCH output, but still much more verbose than -m 8C (it gives information about the statistics, library size, etc that blast tabular output lacks).