It wasn't referring to the specific identifier "it" here, but more in general as I took your point to mainly be about "if there's a benefit to using other value

It wasn't referring to the specific identifier "it" here, but more in general as I took your point to mainly be about "if there's a benefit to using other values for X in other contexts", meaning that putting things into variables only serves the functionality of reuse in different contexts, not also to name passages of code.