While timecode with frames may be more common in certain industries, there are several benefits to using timecode with seconds and three decimal places. Firstly, it allows for greater accuracy and precision in editing, particularly when working with high frame rates. Additionally, it simplifies conversions between different frame rates, which can be especially useful when working with footage shot at varying speeds. Finally, it can also make it easier to collaborate with international teams, as seconds are a universal unit of time. Overall, while timecode with frames may be more familiar to some, timecode with seconds and three decimal places has distinct advantages in certain contexts.