First of all, the passenger and luggage compartments on commercial airlines are both in the same pressure hull and are therefore pressurized the same - typically a nominal 8000' cabin altitude. There is no difference pressure-wise whether you carry your computer with you or let it ride with the luggage and animals in the cargo hold. (There was a big write-up in a major mag a few years ago that got it completely wrong, and they never published a correction, so there are still a lot of folks out there that believe the pressurization of an airliner is only in the passenger compartment and have screwed up ideas about dive computers and luggage compartments - they are wrong.)
The chief benefit of carrying your computer with you is the increased likelyhood that it'll arrive at your destination.
There *is* a potential problem, though, particularly with models that don't have an "in water" sensor, like many of the earlier models that had to be turned on before entering the water. With these computers, should you turn them on at altitude, they can be fooled into thinking the plane's descent is the beginning of a dive, and you'll find the computer locked into dive mode at about 5'-6' depth when you land... and it requires a complete power-down (battery removal) to fix it.
And while we're on the subject, never open your camera housing and close it again in an airplane at altitude, or you're liable to find out the next time you're able to open it is on the flight home!
Rick