Here are some benefits of the new 411 PCM, via random threads from interwebs:
"The blackbox PCM is just older and not as powerful plus much more limited in the parameters available. For example, the 1 spark table (there are 2 in the LS1B PCM) is a 19x16 table. The LS1B is 25x29 and there are 2 (high and low). The breakpoints are smaller and allow for different spark values every 200rpm for the LS1B vs 400 for the blackbox."
"the 0411 PCM opens up doors (if you weren't planning it, you now have option...)...
for example, it can run various custom OS's, it can run swapped transmission segment...
for example, COS5/02020005 (based on OS 12212156) can run boost, TP VE, and 4L80E.
Not too mention that some of the OS's that run on the 0411 have the transient pulse injector tables needed for large injectors defined externally (as cax extensions)."
"The 0411 PCM has a much faster processor than the Black Box PCM and has dual timing tables. There is also more support from the tuning software companies for the 0411. EFILive and HPTuners both offer "Custom Operating Systems" for the 0411 to support boost and or nitrous. The swap can be completed in about 2 1/2 hrs and is fairly easy to do."