Yup. We use it in our Backbone.js app to allow users to open links in new tabs and for changes in those tabs to propagate back too.
For me it is awesome to use PushState and LocalStorage in a client side app and all the while the user thinks they are using a "traditional" server side app.
Don't be disappointed! This is slick, and easy to understand. I don't really want to digest the javascript Facebook is using to learn a new tool/concept.
I propose we rename it the "Web Storage And Messaging" API.