As others have said, lighter weight, less critical space, longer range compared to the standard AC. Now yes the standard ac can use specialty ammo, but most of them use double the space weight (for same number of shots) so you are using the heavier weapon and making it heavier, the one that takes more critical space and again making it use even more and all this with reduced range. I do see a lot of love for the light AC's, but with a little searching you can find lots of people over the years talking about how the standard (well all but standard the most) autocannons do not compare well with other weapons, the LB-10 I think (and may well be wrong on this) just compares the best, so gets the most love.