Yes it does, especially if you can make yourself stop using the arrow keys.
Emacs was written in the 70s and evolves even today, so it saw pretty much everything the console world had to show. Most importantly, it inspired shell keyboard shortcuts (or shell shortcuts inspired Emacs; it doesn’t really matter.)
The Emacs experience is based heavily on the Ctrl and Meta (AKA Alt) keys. So heavily that a thing called Emacs-pinky exists. Which is actually one of the reasons most Emacs users swap Caps Lock and the left Ctrl key (the other is history.)
What is really neat, is that you can use most Emacs motion keys in the terminal: Ctrl-F/Ctrl-B moves one character forward/backward; Alt-F/Alt-B moves between words; Ctrl-A/Ctrl-E moves to the beginning/end of line; Ctrl-R/Ctrl-S can be used to search history backwards/forward; Ctrl-D deletes the current character, Alt-D deletes to the end of the word, Ctrl-K deletes to the end of line. I could go on probably forever. If you know these shortcuts, you will become much more productive on the command line.
If that's not a good reason, you can still learn it for the sake of editor history or the (arguable) beauty of Lisp.
Or just for the sake of learning. Learning is fun.