Well because they are small sprites this detail is a little much...one pixel on this scale is a bit much.
It not supposed to look realistic or even semi realistic. However, it helps smaller sprites to stand out.
It makes it look like a soft gel sticker :D
Nothing that i didt consider but i always feels a little flat or to pretentious when i put it on. Metal is shiny but most of the time a consistent shiny edge makes thing feel unnatural...might try it when i got more textures under my hood.
I think that's down to personal preference ;)