The main advantage is not really that it saves disk space (though it does that too) but, rather, that a change of permissions on the file is applied to all the link access points. The link will show permissions of lrwxrwxrwx but that is for the link itself and not the access to the file to which the link points. Thus if you want to change the permissions for a command, such as su, you only have to do it on the original. With copies you have to find all of the copies and change permission on each of the copies.