Because motorcycles are so massive (at least mine is), body steering is much less effective, but it does help if you want to lean the bike a bit further. That's sort of where the advice to "push down with your legs comes from", since it shifts the bike down as you push yourself up - voila, bike wheels make a deeper u shape, capsizes a bit more, and turns harder. It's a trim knob for turning, kind of how the rear brakes add stability while the front do most of the work.
Like a lot of the points in the MSF course, it's a useful detail to internalize so that when something inevitably dumb/awful happens on the road a poorly trained snap decision doesn't lead to panic (ohgodohgodohgodthebikeisntswervingfastenoug-), but in everyday life you won't be thinking about it directly.