Training Livestream - Baking Materials To Textures - June 13 - Live from Epic HQ

or [MENTION=8] [/MENTION] or someone else can clarify this to me:
If I do not change my material in execution time, doing this (first part of the video) will benefit my performance? I mean, as I understand, if I don’t change any parameter in my material, it is all pre-compiled, so there is no need to worry about the number of instructions or number of textures used, am I right?