Monads, I think, offer enough structure in that we can exploit things like monad composition (as fraught as it is), monadic do/for syntax, and abstracting out "traversals" (over data structures most concretely, but also other sorts of traversals) with monadic accumulators.
There's at least one other practical advantage as well, that of "chunking".
A chess master is more capable of quickly memorizing realistic board states than an amateur (and equally good at memorizing randomized board states). When we have a grasp of relevant, powerful structures underlying our world, we can "chunk" along them to reason more quickly. People familiar with monads often can hand-wave a set of unknowns in a problem by recognizing it to be a monad-shaped problem that can be independently solved later.
