Let $\mathcal{A}$ be a C*-algebra and $(H,\pi,\Omega)$ a cyclic representation.
What does it intuitively mean if the representation is irreducible? From what I've read, irreducible representations are nice and I can be happy if my algebra can be represented in such a way, but which nice properties does an irreducible representation actually bring about?
I am teaching myself representation theory, and it seems to me irreducible representations are nice in two ways. (Since you are talking about representations of $C^*$-algebras, we might as well restrict our attention to $*$-representations, that is, the representation respects the involution.)
Extrinsically, irreps are nice just as prime numbers are nice since irreps are basic building blocks of general representations. Formally, this refers to
So to study representations of an algebra $\mathcal{A}$, we might first try to find its irreps, and see how to break up a general representation into these blocks.
Irreps are also nice intrinsically. Since the algebra acts transitively on an irreducible representation, the geometry of an irrep is completely determined by this algebra. You might see its manifestations in the following
Or indirectly, the von Neumann bicommutant theorem.
Well to conclude, irreps are nice because they are the smallest possible representations. The above two are just two faces of this smallness.