On the ERJ side, my last awarded line was 75 hrs and only 12 days off. After the ILIW, I only had 60 hours of credit but 20 days off. Now I get to choose when I want to come to work. I can pick up remaining open time or other people's advertised trips. Some of these advertised trips offer extra money. If red flag is up, I have the free time to pick some of that up too.
There's no way with my low seniority I could ever hold something this nice with PBS. Would it be nice to get a line I wanted without having to do a dance on the computer? Absolutely. But the ILIW is why all levels of seniority have some flexibility to make their lives so much better.