This would allow you to simply look up whether the password was pwned based on form submits.
[edit] ok, I understand what you are saying, Troy's service allows some password privacy due to api design and happens to use cloudflare stuff. Sorry I was so slow.
I was conflating two unrelated things; a) what happens when you submit a password through cloudflare and b) what happens when you happen to use a specific password checking api which uses cloudflare.