If you like to drive, and enjoy fun cars - absolutely.
PC status is not relevant for people who are reluctant commuters.
If you think that Toyota Camry or Chevy Malibu are good driving choices, don’t waste points on PC status.

At ultimate Choice locations you always reserve a midsize and get a minimum of a boring full size selection (but new to very low mileage, with full options installed) and a hit-and-miss choice of more fun cars such as Cadillac XTS, Dodge Charger RT, sometimes Infinity Q50, SUV’s

Premium upgrades for $25 are a great benefit, and often you are treated with more understanding of your requests as a PC, especially in Europe