The latest version's also useful if you're friends with someone who always seems to get lost, since it comes with the ability to share via FB's Messenger app, as well. Plus, it brings a better Transit view to the platform with more route choices and real-time arrival info, just like the one already available on Android.
Finally, you get a brand new image gallery when you update. That will make it easy to look at user-uploaded photos on Maps, which you can use to cross-reference places you've never visited in the past.
Source: iTunes