It will obviously help!!!!
I play a few instruments.
Since I self taught myself the piano and guitar, etc.. and listening to heaps and heaps of Mozart, Bach, Beethoven, Lizst, Vivaldi, Satch, Vai, Malmsteen etc... it just opened a door of possibilies.
Piano really helped with the theory side of things.
I feel like a one man band. I don't need to rely on others when recording a song. I can do it all myself, and that's just fun as!!! :D