I sell refurbished Dell Latitude and OptiPlex computers at the shop I work at. I read through the BIOS change logs to see what changes. Sometimes it improves support for USB devices or CPU functionality, and sometimes also updates the CPU fan temperature table to provide better cooling, so I usually update all of those machines to the latest BIOS revision for that reason.
My personal board doesn't have any new updates, but previous updates included eSATA/SATA updates and other core clock modifications.