Gassy wine will NOT blow corks. Blowing corks is a symptom of an unfinished fermentation.
The primary reason to rid the wine of excess CO2 is that most wines are supposed to be flat, and taste "funny" with carbonation. If you have ever tasted a flat Coke vs. a carbonated Coke, the difference is pretty noticeable. The CO2 also contributes to an "acid" condition as the gas turns to carbonic (or is it carbolic?) acid on your tongue. That tastes "sharp". Again, the flat vs. carbonated Coke shows that difference also.
Aerating wine simply allows additional oxygen into the wine which can improve its flavor, or allow some underlying flavors to become stronger.
The two (degassing and aeration) have very little to do with each other.