The benefits of adopting XHTML or upgrading your existing site to the new standards are many.
First of all, they ensure an excellent forward-compatibility for your developed web sites.
XHTML is the new set of standards that the web is build today and will be built on in the years coming, so future-proofing your work, you will avoid a lot of trouble later on.
Can also be, that future browser versions will stop supporting deprecated elements from old HTML drafts, and so many old basic-HTML sites may begin displaying incorrectly and unpredictably.
W3C explains why the need of XHTML here too : http://www.w3.org/TR/xhtml1/#why