The question was "Is it worth it?" If you're talking about a performance gain by installing an electronic distributor and/or an MSD ignition box, the answer is no. This assumes the engine is in good condition with a good tune-up. Where the two products shine is when the tune-up starts to drop off (with a points type ignition) or the motor gets tired. Because an electronic distributor is not subject to point block wear, it continues to signal the coil to spark pretty much for the life of the motor. And yes, I know that the cap and rotor still have to be changed periodically. As far as the ignition box, particularly the MSD (Multiple Spark Discharge) through providing multiple sparks through a wide range of crank motion, it will fire mixtures that are richer or leaner than a point type ignition/coil will. In addition, starting the motor usually happens quicker with a CD box.
So, if your motor starts and runs well and you do routine tune-ups, you probably will not see a difference by installing the products you asked about. On the other hand, for a modified motor that might see a lot of RPM and where the fuel mixture is varied, the electronic distributor (not limited in RPM like point type) and the CD box is pretty much necessary for the best operation.