Extend the 63 bus route to Honor Oak?

Tonight's Crofton Park Transport Users Group will hear from Peckham campaigners who want the 63 bus route extended from Forest Hill Road to Honor Oak Park, to connect it with the local facilities and of course the East London Line.

Aside from adding a few extra passengers to local train services (the connection might be less useful once the ELL extension to Clapham via Denmark Hill and Peckham Rye opens in 2012 anyway), are there any significant pros or cons for local people to this proposal?