It WILL improve performance, but not a whole ton. If you are transcoding using compressor a lot than yes, the MP will be of great advantage with enough ram. But, where the compressor quality will be cleaner for a very big increase of money, for $100 you can speed up your conversions 3-6x with the El Gato.
I use an MXO2 LE and they have the MAX h264 encoder which I would have bought for an additional $400 but I do work remotely time to time. Having a $100 USB dongle the size of a thumb drive that 3-6X real time transcodes is probably the single, cheapest, most important addition to my workflow I have ever purchased in my career.
The long and short of it:
Yes a MP will be faster than your MBP in every respect. If you are concerned about multithreaded apps, remember you will need twice as much RAM. AE chokes on an 8-core with 16GB of ram because each core is getting 2GB. My 2.8 GHz 4-core with 16GB of RAM will smoke any 8-core with 16GB of RAM in practical real world applications. I have a client that has dual 2.26 ers with 16GB and my render time from AE with multiprocessor enabling is easily 4x's faster and I can continue using other apps while it is rendering. Their machines are useless during rendering. Just an FYI.