In a year or so you will understand fully a) what we are on about b) how very cheap and simple things can be very fulfilling c) why 'older folks' sometimes sigh when yet a faster CPU is eaten 100% by Windows while not significant seems to have changed d) how your computer works internally ; if you are interested on the digital pulse and IC level (I can extend my MSX computers using 74series logic ICs, which is, again very fulfilling) e) how you can do stuff efficiently in very little memory on very slow computers.
That e) point is something which might not seem valuable, but it is and it still is; if you know how to do things on these computers, you understand how computers work and why some assembly code is much slower than other. Although computers are vastly more complex these days, you can extrapolate quite a bit on high level and it will be easier to read current tech documentation about hardware (and software) as well.
Anyway; I would recommend everyone to at least try this as I strongly believe it will help current generation understand better. It's also better for your children (and children of others you might know) to let them tinker and learn this young instead of playing XBOX 360 games (that's my opinion but I believe it sticks). Maybe their friends won't be as impressed with them trying to implement a ray caster on a 3.58 mhz machine, but when they get to 12 they can program the Next Great App and win science fairs while the others, well, can play Skyrim.