Yeah, the main benefits over classic hardware:
1) Form factor (it is damn small).
2) Hard drive & Floppy drive emulation (no more bit-rot floppies).
3) Scandoubler (31KHz VGA out).
4) Multi-purpose (Amiga, Atari ST, Spectrum, Amstrad etc. so even more space saving under the telly)
But for the same price you could probably get a reasonable second hand laptop with TV out and run emulators