No matter is it seedbox, webhosting etc. but the same benefits stands for dedicated servers, if you can afford that little bit of extra. So let's take a look at them, shall we? :)
Performance, Power
You will gain stable high performance and processing power. Shared services usually have much higher markup and operate on much stronger servers, but also a huge amount of users in case of webhosting.You will have the CPU, RAM and Disks just for you. In some cases you can even choose emphasis on CPU, Ram or Disks depending upon your particular needs.
Flexibility
On a Dedicated server you can run whatever software you please and are capable of installing and configuring yourself, even obscure little pieces of software.You can even share your dedicated server if you have the skills to make the shared environment to share the costs of a such server.
Security
No other users sharing the disks, only the software running you choose to: This usually translates into less potential attack vectors, however, you need to make sure your server is secure yourself, but potentially a dedicated server is much more secure if you put in the right tools, keep it updated etc.Ping and SSH Port
Oh one more thing, changing SSH port and disabling Ping is not security, it's a nuisance and annoyance to the support team, and will slow your support requests, create additional work for the support team, and provides barely no additional security what-so-ever. Any even semi capable hacker will know how to scan for alive hosts without Ping and find the SSH port very trivially with barely no slowdown. Plus if you run a webserver - everyone will know the node is up - so what's the point?Don't do. Breaking standards and annoying your provider is not worth the 5secs of slowdown a potential attacker will have to find these out in any case.
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