I'm intrigued by the difference between "understanding" a population, in aggregate, and having a fine-grained view of each individual while also knowing how each individual relates to the whole.
So, what might we learn about the galaxy if we knew what / where / when every single bright spot of star-ish size is, that we would not learn from an aggregated simulation? Rhetorical question, obviously.
I don't even know how many people live within 5km of me. How many are human-trafficked, held against their will? etc. We can make approximations, but there's a lot of interesting information at the margins.
While you don't know how many humans are within 5km of you, that's certainly easier to verify with confidence N than it is to verify how many humans within 5 light years.