By now, the benefits of automation should be starting to become apparent to you. But don't fall in to the trap of thinking CloudFormation will be useful only for large collections of resources. Even performing the simplest task of, say, creating an S3 bucket can get very repetitive if you need to do it in every region.
We work with a lot of customers who have very tight controls and governance around their infrastructure, and especially in the network layer (think VPCs, NACLs, and security groups). Being able to express one's cloud footprint in YAML (or JSON), store it in a source code repository, and funnel it through a high-visibility pipeline gives these customers confidence that their infrastructure changes ...
