The title as such is only good for reputation. The "benefits" come when the owner allows for some extra permissions in his owner's tools, such as creating tournaments, using Super Passes in Clashes or inviting new members. But, these permissions can as well be given to any other member title group.
Being a CC member doesn't cost you in the first place, but makes you part of a user community which includes some advantages:
- to play (and create?) extra tournaments with or without wagers,
- to use the priviledges of CCs of a certain level (mainly, Shot and Putter Pals),
- to play in a CC event (hopefully, you won't bet on the Golden Calf with purchased CC passes),
- to enjoy some bonds between members, resulting in common activities and more reliability in multiplayer games, as well as possibly a higher willingness to help and support each other.