It allows me to boot my kernel and initramfs directly from the SPI flash chip that stores my laptop's BIOS (coreboot), which is very useful.
My goal is to decrypt my disk from code stored on the motherboard (and physically write-protected) but I'm not there yet because fitting everything on 7.6MB is not easy. I may try using a bigger chip, or use the SPI-kernel to check the signatures of decryption code stored on the HDD.