Pitchess - I was an elder for a number of years and yes they want you to be there because they feel it shows a repentant attitude. It could help in getting reinstated faster if you stick with it, but there are so many variables and every judicial committee is different. Some may make you wait til hell freezes over and others will make you wait til it almost freezes over lol.
But I'm glad you are out that's what matters- you are FREE. When I was a new elder I remember my first JC and the other two elders wanted to DF a young brother for smoking a joint and it seemed that it was too harsh. Well they wouldn't budge and after 30 minutes of trying to convince me I thought I was doing the right thing by going along with them... For awhile I came to think that I had done a terrible thing because I knew he didn't deserve to be DFed, but in the long run he has been benefited. He is a "normal" guy today, looks after his mom (who's still in) and is happy.