Is undergraduate research worth it? I'm studying Bachelors in Computer Science.

I've taken a course this semester where the professor requires us to write research paper inorder to complete the course. High quality papers from this course are published in journals like Springer.

So I was wondering - how will undergrad research effect my application for masters or my career further down the road?
In every program I've been involved in, undergraduate research in some form has been considered a positive, and often the most compelling single piece of an application (the other being letters...especially letters discussing undergraduate research).