For me the real advantages of baloo are metadata search and KDE integration.
Searching for tags with baloosearch6 tag:<tag> is something I use rather often, I even use the star ratings in baloosearches with rating>=6. Combine that with a mimetype and and you have a quick playlist of all music you rated with 4 or more stars in dolphin: baloosearch rating>=8 AND type:audio.
I also using baloosearch for images....the width and height keys are really useful for finding textures with specific dimension...something like baloosearch type:image AND Width>=2048 AND Height>=2048
And the of course the KDE integration that makes this really useful...you can use baloosearch queries everywhere in KDE, in open-file dialogs, as bookmarks in dolphin or file-dialogs, for desktop widgets showing folders...you can easily create an activity that has several folder-views on the desktop each showing a different set of files with specific tag...so left folder-view showing all files tagged "WIP" while right folder-view shows all files tagged "Finished" (To use queries in KDE you need them in the form baloosearch:/?querry=<the querry as you would use it in balooserarch6>
Edit:I wrote a reddit post some years ago about this...hope linking reddit is okay here: https://www.reddit.com/r/kde/comments/pmcshj/tip_baloosearch_kioslave/