What are the advantages of being a James Scholar

I saw online that James Scholars are allowed to register honor classes, which are normally smaller than regular ones. So, I applied and got in. However, a friend of mine told me that at UIUC, everyone can take honor courses.
Then, what’s the point of being one?

I am in LAS and I study Psych.

There are early registration privileges. Other than that, not much tangible benefit.

I see… Thanks!