Benefits of NAT
In addition to the convenience and low cost of NAT, the lack of full bidirectional connectivity can be regarded in some situations as a feature rather than a limitation. To the extent that NAT depends on a machine on the local network to initiate any connection to hosts on the other side of the router, it prevents malicious activity initiated by outside hosts from reaching those local hosts. This can enhance the reliability of local systems by stopping worms and enhance privacy by discouraging scans. Many NAT-enabled firewalls use this as the core of the protection they provide.
The greatest benefit of NAT is that it is a practical solution to the impending exhaustion of IPv4 address space. Networks that previously required a Class B IP range or a block of Class C network addresses can now be connected to the Internet with as little as a single IP address (many home networks are set up this way). The more common arrangement is having machines that require true bidirectional and unfettered connectivity supplied with a ‘real’ IP address, while having machines that do not provide services to outside users tucked away behind NAT with only a few IP addresses used to enable Internet access.