Sometimes it fails, or Chrome crashes a second time after relaunching, but before you were able to restore the tabs, causing the next restore to open a blank window instead of your tabs from two crashes ago. This happens more often than I'm comfortable with.
It would be really nice if browsers kept a history of your last N window + tab sets and allowed you to restore them whenever you wanted, rather than only the last one, and only after it thinks it crashed. Because when it gets this wrong, you usually have no recourse.