Would it be beneficial to begin using instancetype instead of id?
There definitely is a benefit. When you use ‘id’, you get essentially no type checking at all. With instancetype, the compiler and IDE know what type of thing is being returned, and can check your code better and autocomplete better.
Here’s what Apple now says on the subject:
In your code, replace occurrences of id as a return value with instancetype where appropriate. This is typically the case for init methods and class factory methods. Even though the compiler automatically converts methods that begin with “alloc,” “init,” or “new” and have a return type of id to return instancetype, it doesn’t convert other methods. Objective-C convention is to write instancetype explicitly for all methods.
Emphasis mine. Source: Adopting Modern Objective-C
With that out of the way, let’s move on and explain why it’s a good idea.