If those are the numbers, I would expect that the power factor would be closer to 1 with the capacitor. So power is amps*volts*powerFactor. So I expect the real watts would improve by a smaller amount. Capacitor still seems worthwhile. In some cases, a regular control box can act as a CSR box by putting a suitable capacitor between L1 and the black line to the motor. I think I may have read that that is only if the relay is mechanical, and not electronic.
Start capacitors are non-polarized electrolytics, and run capacitors are not. Electrolytic capacitors will eventually fail, so changing those out after some number of years can be good.