Certainly there are benefits besides being obedient to the king of the vatican.
. . . not my king. He’s just a man. But, the current occupant of the office seems to be inspiring a lot of people. As for the loss/benefit equation, well, you might want to look around. The prevailing liberalism of our times, their secularism, even nihilism and various forms of modern atheism . . . all have roots in the Reformation. The medieval Church needed to evolve, to be sure, away from the feudal construct of the Middle Ages, and to reform itself from within, but the intellectual cosmos of medieval life and thought was a wonderfully organic and spiritually profound construct (SEE C.S. Lewis), one which the Renaissance squandered and the Reformation lost. And it is our loss.