We've been using this service at Mailgun during testing and we've reduced bounce rates by 5%. That might not seem like a signficant number, and it may not be for a personal blog, but it can be significant number for a larger ecommerce website.
For someone like us, a service that sends billions of emails, it's huge and we wanted to provide additional value for our customer to help them reduce their bounce rates and improve conversion.
Plus we don't correct typos on local-parts, just domains. So we won't correct Jooohn@gmail.com, but would suggest a correction for john@gmaill.com.