X: Although the film has its advantages, it has serious flaws.
O: Although the film has its merits/good points, it has serious flaws.
Advantage: Something that puts you in a better position than other people. "A healthy lifestyle is an advantage of living on a farm"
Merit: Good quality; a strength. "We should judge each applicant by their merits"
X: Television provides many advantages.
O: Television provides many benefits.
Benefit: A good result that improves your life or situation. "Studying English has a lot of important benefits."