I just did a quick search on the topic and there is loads of material out there already, written by people more qualified than I.
But the answer I gleaned from reading was definitely yes, there are advantages (as well as disadvantages). You need to weigh up the pros and cons and decide which is best in your environment.
It may be old technology but, as far as I know, there is no suggestion that it will be deprecated. It's tried and tested.