The ability to compel someone to appear and answer for crimes committee by a business is a huge benefit. So is ensuring local businesses aren't undercut by businesses who claim no jurisdiction.
But that doesn't require an address. My filing with the Secretary of State in the state where I incorporate could just include a selection of which jurisdiction's laws I operate under. That's effectively what it is already, since I can choose where to have my virtual address. This would just cut out the gouging for a virtual address.