Prior to EJB 3, it was not possible to directly look up a stateless session bean. There is no real benefit other than consistency with other bean types, which is why it was removed in EJB 3.
There remains a benefit for stateful session beans, because the create method is the factory method, so if you switch to EJB, you lose type-safety (cast vs create() return type) and depending on the relative speed of JNDI vs home.create(), you probably lose some performance.