The benefits you get from forum participation?

Credibility in your niche is another huge bonus you will get from forum participation. After posting in the same forum for awhile people will start to listen to and respect your opinion as a niche expert. And, then you are more likely to get click throughs on your link, which could result in sales for your product or ad clicks.

You get exposure to others. I have gained a few clients from work that I have done on forums.

New friends, new knowledge, fun, backlinks and traffic to your site.

forum signatures!

Thanks for your replies.

Yes, we get all the things like backlinks, knowledge, traffic etc.

Learn new things
meet new people
it is something that I enjoy doing and have fun doing so.

Getting more traffics and backlinks.

Forums are very useful, there is no doubt to it.
Get targeted visitors, you can build backlinks and you can learn in forums as well.

signature, feeling i helped - should there be any more reasons?

Also, forum participation is a need for to pass to level 2

Or not... only answers to the Faq are useful...

Many great benefits are given by joining a forum. I have made some friends over the time I joined and was able to let others know what I know!

Knowledge and updates about SEO. I surf forums for latest update in field of SEO, so that I can make adjustments to my site

Also, forum participation is a need for to pass to level 2

Knowledge and updates about SEO. I surf forums for latest update in field of SEO, so that I can make adjustments to my site

I think forums are really wonderful places, you can learn a lot by hanging in these online forums.

I learned how to earn money online just from forums. I have learned so many methods by discussing with forum members.

Friendship
sharing what I know
learning

If you participate on paid to post forums, you will also earn money from your posts. I am on half dozen paid to post forums and I make around $100 every month from forum posting.
Even if you are not on paid to post forums, you can use forums to backlink your website, get traffic to your website and promote your website, service and products.