Can somebody explain the benefits of using code to simulate a timer?

I got the CodeFlow example from VB online, and that's why Im wondering

Thanks,
--
Bodi Klamph
Azure Dragon Software

begin 666 Bodi Klamph.vcf
M0D5'24XZ5D-!4D0-"E9%4E-)3TXZ,BXQ#0I..DML86UP:#M";V1I#0I&3CI"
M;V1I($ML86UP: T*3U)'.D%Z=7)E($1R86=O;B!3;V9T=V%R90T*5$E43$4Z

M.SL[.T]N=&%R:6\[.T-A;F%D80T*3$%"14P[5T]22SM%3D-/1$E.1SU154]4
M140M4%))3E1!0DQ%.D]N=&%R:6\],$0],$%#86YA9&$-"D%$4CM(3TU%.CL[
M.SL[.T-A;F%D80T*3$%"14P[2$]-13I#86YA9&$-"D5-04E,.U!2148[24Y4

2-38U-5H-"D5.1#I60T%21 T*
`
end

For example:
I have an application which requires timer-like behavior
but does not require a user interphase.
NN