It separates Model and View controlled by a Controller,
As far as Model is concerned, Your Models has to follow OO architecture, future enhancements and other maintenance of the code base should be very easy and the code base should be reusable.
Same model can have any no.of views e.g) same info can be shown in as different graphical views.
Same view can have different no.of models e.g) different detailed can be shown as a single graph say as a bar graph.
This is what is re-usability of both View and Model.
Enhancements in views and other support of new technologies for building the view can be implemented easily.
Guy who is working on view dose not need to know about the underlying Model code base and its architecture, vise versa for the model.