Imagine you have in the config XML around 3k lines and the template you want to clone is complex enough to have 10 stages with around 3 jobs each with 1-2 tasks per job. The way most people do it is copy the XML out of GO, edit in a different tool and paste it back in.
You have to know XML, it's prone to error and when you have to do this more than once it's not the best way.
The workflow specified here allows you to setup this cloning pipeline once, and then just use it. You enter source and destination name and trigger it and you get the clone automatically done without having to interact with text editors and copy / pasting.
If it doesn't work for you it's fine, but many people found this more useful than editing inline xml.
Of course I would also find having a Clone button directly in the UI just like for pipelines the best, but someone has to implement that and the feature has to make it out into a release and then you have to upgrade your server which might not be in the near future.
The solution presented here is a temporary solution until such functionality makes it inside GO.
Marius