Re: That's pretty much all it does
Um, not really.
IPV4 with two more octets would have met the need for more space admirably, and address representations would still be human sized. Job done in six months, hardware manufacturers could have had samples out in a few more, and we could be using it.
Instead of which, we got a weird-ass new addressing scheme which is not sysadmin friendly at all, and the names of most of the supporting protocols changed as well, merely for the sheer love of being dicks. (And because of a truly, horribly mistaken belief that every endpoint should be publically visible on the internet to every other. NAT: it ain't a kludge, it's a vital security tool.)